In a show of the continued strength of New York City’s technology industry, two of the web’s streaming music giants have signed leases for major expansions into new Manhattan office space.
Archive | Transactions
In Paris, Natixis Signs Green Lease for Gare de Lyon Office Space Renewal
By Stephen Del Percio on July 3, 2013 in Europe, Green Leases, Leases, Legislation, Paris, Transactions
In what is becoming more than just a trend, another major European tenant has signed a green lease, driven in part by pending legislation in France.
In Helsinki, Finnish Real Estate Concern Closes Its First Green Lease
By Stephen Del Percio on June 11, 2013 in Europe, Green Leases, Leases, Market Analysis, Retail, Transactions
Some persisting trends in commercial leasing abroad could suggest how future green leasing markets in North America might look if data-driven regulatory activity increases at the state and local levels.
770 Broadway Friended: Facebook NYC Expanding at LEED Silver Vornado Tower
By Stephen Del Percio on June 6, 2013 in 770 Broadway, Greenwich Village, Historic Preservation, Leases, LEED-CI, LEED-EB, Manhattan, Market Analysis, New York City, Transactions
Facebook’s 100,000-square-foot lease at the LEED-EB: OM Silver 770 Broadway is the latest in a string of technology industry transactions, not all of which have closed in the ballyhooed Silicon Alley submarket.
Times Square Tech Takeover Continues with New Yahoo! NYC Offices
By Stephen Del Percio on May 28, 2013 in Intellectual Property & Technology, Leases, Manhattan, Market Analysis, New York City, Times Square, Transactions
87 percent of the leasing transactions in the Times Square submarket over the past 18 months have been tech deals. Now Yahoo! is about to join the fray.
With 1 World Trade Center Topped Out, Industry Expects Rest of Tenants Will Come
By Stephen Del Percio on May 20, 2013 in 1 World Trade Center, Financial District, LEED-NC, Manhattan, Market Analysis, New York City, Transactions, Urban Planning, World Trade Center
1 World Trade Center is topped out at its patriotic final height of 1776 feet. But there’s still work to be done as the tower remains at 55 percent occupancy.
Connecting with 100K: LinkedIn Continues to Expand at Empire State Building
By Stephen Del Percio on May 8, 2013 in Energy Star, Leases, LEED-EB, Manhattan, Midtown, New York City, Transactions
LinkedIn’s continued and increasing presence at the Empire State Building could have repercussions for technology and media industry tenants that are looking for space throughout the Midtown and Midtown South submarkets.
Midtown South Buzz: Tech Firm Doubles Space in Move to 200 Fifth Avenue
By Stephen Del Percio on May 3, 2013 in Flatiron, Intellectual Property & Technology, Leases, LEED-CS, Manhattan, Market Analysis, New York City, Silicon Alley, Transactions
BuzzFeed is doubling its office footprint in Midtown South by subleasing nearly 58,000 square feet from Tiffany at the LEED for Core and Shell Gold-certified 200 Fifth Avenue.
In Hudson Yards, Major Tenants to Join Coach at LEED Platinum South Office Tower
By Stephen Del Percio on April 24, 2013 in Hudson Yards, Leases, LEED-CS, Manhattan, New York City, Transactions
Two new leases at Hudson Yards have boosted commitments at the project’s first planned office tower to nearly 80 percent.
With REIT Conversion Still Pending, Shutterstock Makes Move to Empire State Building
By Stephen Del Percio on April 2, 2013 in Empire State Building, Leases, Litigation, Manhattan, Midtown, New York City, Transactions
As Malkin Holdings moves forward with its plan to convert ownership in the Empire State Building into a publicly traded REIT, the image licensing company Shutterstock has signed an 80,000-square-foot lease across two entire floors at the iconic tower.
