The 40-story, 1.1 million-square-foot 11 Times Square – certified LEED for Core and Shell Gold – has leased 70 percent of its office space and all of its retail space after four recent deals totaling 75,000 square feet.
As rents rise in Midtown South and flexible office arrangements become harder to come by, an increasing number of technology companies are looking north: Felix/CityGrid Media is the latest to head back across 34th Street.
An aggressive new marketing campaign at One World Trade Center is aimed at foreign companies and hopes to fill up the 3 million-square-foot tower’s remaining 45 percent of available office space before opening its doors in early 2014.
Two high-profile LEED-EB-rated Manhattan office buildings signed major leases during the fourth quarter.
In a 220,000-square-foot deal, Microsoft has officially announced that it’s on the move from Sixth Avenue to the LEED Gold-certified 11 Times Square.
If 3D printing is indeed the wave of the future, New York City is riding out in front of the curve thanks to two recent leases with a Netherlands-based custom 3D-printing manufacturer.
The U.S. General Services Administration has, finally, formally signed its 20-year, 270,000-square-foot lease for six floors (50 through 55) at the LEED Gold-hopeful 1 World Trade Center: rent is rumored to be in the low $50s per square foot.
A year ago, green was the “key” for LinkedIn’s 25,000-square-foot lease at the world’s most famous office building. Now, the social network is expanding by 10,000 square feet in a 6-year deal that will start next February.
In deals totaling 130,000 square feet, two tenants have agreed to anchor a new Green Manufacturing Center at the Brooklyn Navy Yard, an effort that the city hopes will help spur manufacturing and innovation within the environment-friendly technology sector.
Edward Minskoff’s Fumihiko Maki-designed 51 Astor Place is close to landing its first tenant: Hult International Business school is in discussions to lease the entire second floor of the 12-story, 400,000-square-foot tower in what would be a 55,000-square-foot deal mandated by the site’s zoning requirements.