Durst inks deal with automation company to triple space at One World Trade
The automation company Hyperscience is tripling its footprint at 1 World Trade Center, signing a 10-year lease for the entire 88th floor of the famed building, the Durst Organization and the Port Authority of New York and New Jersey announced Monday Hyperscience will take 34,382 square feet in the building and plans to move to the 88th floor from its prior space on the 45th floor during the first quarter of next year. The asking rent was $80 per square foot, and the company’s new office will include a communal area for tech industry events, hackathons, machine learning and customer…
Date 2021-06-21
Author Eddie Small
Landmark Manhattan office tower installs smart windows
Newly renovated 825 Third Avenue is the first office building in New York City to use smart windows that incorporate technology from smart glass specialist View that transforms the windows into transparent, digital screens designed to enable “immersive communications” The landmark Manhattan 40-story Durst office tower has been retrofitted with smart windows from View that increase natural light, improve human health, and also reduce energy consumption by blocking heat and glare. The View Immersive Experience solution transforms the windows into digital screens for communications, content sharing, and user interactions. “The real estate industry is going through a transformation, and 825…
Author Smart Cities World
Durst gives tenants window into the future at 825 Third
The Durst Organization is giving tenants of 825 Third Avenue high-tech windows that turn into TV screens The company has installed smart windows from View, Inc. at the newly-renovated, 530,000 s/f, 40-story office tower that will be the first in the city to also feature View Immersive Experience, which transforms smart windows into transparent, digital screens that can be used for everything from content sharing to Zoom meetings. “The real estate industry is going through a transformation, and 825 Third Avenue showcases the future by providing better health and wellness for the users, taking care of our planet, and creating…
Author Real Estate Weekly
How environmentally friendly is that building? Check the letter grade.
You may have noticed that letters are not just for grading restaurant cleanliness in the city anymore. Letter grades are now telling you how environmentally clean buildings bigger than 25,000 square feet are.
Date 2021-05-26
Author Michael Herzenberg
Commercial Observer's Power 100: #7 Douglas Durst and Jonathan “Jody” Durst, Chairman; President at The Durst Organization. Last year's rank: 9
After months without any sizable Manhattan leases signed, the Durst Organization provided a beacon of hope for Gotham when TikTok took 232,000 square feet at One Five One in May 2020 While Durst lost two other potential tenants in the building due to concerns about the coronavirus pandemic, that didn’t stop the TikTok deal. But it did almost fall through when President Donald Trump tried to get the social media network banned in the U.S. “That was a nail-biter for month after month as to what was going to happen,” Douglas Durst said. “Finally, it just sort of disappeared.” TikTok…
Date 2021-05-20
Author The Editors