New York, NY (September 7, 2023) – The Durst Organization and The Port Authority of New York and New Jersey today announced that seven tenants have signed leases totaling nearly 50,000 square feet at One World Trade Center.
The significant wave of transactions consisted of three new leases and four renewals. Among the new tenants, One World Trade Center welcomes:
Recent lease renewals and expansions at One World Trade include:
“In addition to access to PATH trains and ten subway lines, employers are seeing value in locating their workers at a hub bustling with food, concerts, and cultural events – including the soon-to-be-opened Perelman Performing Arts Center,” said Port Authority Executive Director Rick Cotton. “This strong wave of interest and commitment to One WTC will contribute significantly to the vibrancy of the entire World Trade Center campus.”
“One World Trade Center continues to stand tall as a beacon of strength and resilience for the region’s economy,” said Port Authority Chairman Kevin O’Toole. “This robust leasing activity signals an unmistakable confidence in Lower Manhattan’s vitality and livability from several innovative, ambitious companies.”
The Durst Organization was represented in house by Eric Engelhardt and Karen Rose and by Newmark’s David Falk, Peter Shimkin, Hal Stein, Jason Greenstein, and Nathan Kropp.
“One World Trade Center remains one of the busiest buildings downtown with strong leasing activity,” said Karen Rose, Managing Director at The Durst Organization. “From the incredible views and Well& by Durst amenities inside the building, to the dynamic neighborhood outside, tenants are drawn to One World Trade Center for high-quality spaces, convenience, and experiences.”
One World Trade Center is the tallest building in the Western Hemisphere and home to the largest community of media and tech innovators. The 3.1 million-square-foot LEED Gold Certified skyscraper features premier office space and 360-degree, panoramic views of New York City.
One World Trade Center incorporates the latest technologies and innovations at the cutting edge of skyscraper design and operations. Located on the 64th floor adjacent to the Sky Lobby, Well& by Durst, a full-service 25,000 square foot amenity space for the tenants of One World Trade Center and their guests, serves as a world-class corporate and social hub, purpose-built to foster creativity, collaboration, and community. A platform for wellbeing, Well& by Durst is designed to energize, inspire, and connect guests in a healthy and productive environment.
Built by The Port Authority of New York and New Jersey and The Durst Organization in a unique public-private partnership, One World Trade Center sets a new standard of design, construction, and prestige.
**About the Durst Organization**
The Durst Organization, founded in 1915 by Joseph and Rose Durst, is the owner, manager, and builder of 13 million square feet of premiere Manhattan office towers and over three million square feet of residential rental properties, with 3,400 rental apartments built and several thousand units in the pipeline. The Durst Organization is recognized as a world leader in the development of high-performance and environmentally advanced commercial and residential buildings where people live, work, and thrive. For more information, visit www.durst.org.
**About the Port Authority of New York and New Jersey**
Founded in 1921, the Port Authority of New York and New Jersey builds, operates, and maintains many of the most important transportation and trade infrastructure assets in the country. The agency’s network of aviation, ground, rail, and seaport facilities is among the busiest in the country, supports more than 550,000 regional jobs, and generates more than $23 billion in annual wages and $80 billion in annual economic activity. The Port Authority also owns and manages the 16-acre World Trade Center site, where the 1,776-foot-tall One World Trade Center is now the tallest skyscraper in the Western Hemisphere. The Port Authority receives no tax revenue from either the State of New York or New Jersey or from the City of New York. The agency raises the necessary funds for the improvement, construction or acquisition of its facilities primarily on its own credit. For more information, please visit http://www.panynj.gov.
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