Why One World Trade Is Winning R.T.O.
The pandemic has emptied office buildings all over New York City, but One World Trade Center, which is almost fully leased, has become a buzzy tech, advertising and media hub Here’s what I saw when I stopped by. The landmark, at 94 percent occupancy, houses the legacy media publisher Condé Nast and tech companies like Reddit. Office workers can ride an express elevator to the “sky lobby,” a bright atrium with skyline views (or, weather depending, clouds). On the same floor as the sky lobby (the 64th), a cafe decked out with national flags hosts World Cup viewing parties. There…
Date 2022-12-14
Author Winnie Hu
THE DURST ORGANIZATION ANNOUNCES NEW LEASING TRANSACTIONS AT 825 THIRD AVENUE
- Upgraded trophy office tower’s debut draws new tenants from nearby Class A districts New York, December 6, 2022 – The Durst Organization (‘Durst’) today announced the completion of approximately 55,000 square feet of new leasing transactions within their repositioned office tower at 825 Third Avenue. The five new leases, all of which were recently signed, clearly demonstrate growing interest in 825 Third as midtown east’s newest trophy office destination for a range of industries. Durst is one of the country’s leading developers, owners and managers, with 13 million square feet of office space and three million square feet of…
Author The Durst Organization
Author Commercial Observer
Investment, Law Firms Ink 16K SF of Deals at 1155 Avenue of the Americas
Investment company Francisco Partners and law firm Jenner & Block are investing in the Theater District Francisco Partners inked a deal to relocate from about 3,000 square feet at 1114 Avenue of the Americas to 10,985 square feet across most of the 28th floor of the Durst Organization’s 1155 Avenue of the Americas. The deal allows Jenner & Block to nab the floor’s remaining 5,600 square feet in a 15-year lease, Commercial Observer has learned. Asking rent was $100 per square foot for Francisco’s six-year deal and Jenner & Block’s transaction, according to Durst. Francisco Partners will relocate from the…
Date 2022-09-29
Author Celia Young
Dozens Of Affordable Astoria Apartments Hit Housing Lottery
ASTORIA, QUEENS — More than 100 apartments in an under-construction Astoria building have gone up for grabs in a city housing lottery — with some renting for as little as $665 per month The 145 units are part of Halletts Point 7, on 27th Avenue near Third Street — part of the huge Halletts Point development by the Durst Organization. Sitting on the edge of the NYCHA Astoria Houses campus, the 14-story building is scheduled to be completed later this year, marking the second completed structure in Durst's seven-building project. The deadline to apply is Nov. 21, according to its…
Date 2022-09-29
Author Patch