ECP Expands to 26,000 Square Feet at One World Trade Center

**New York, NY** (November 9, 2023) – The Durst Organization and The Port Authority of New York and New Jersey today announced that ECP, a leading energy transition-focused investor, is expanding its footprint at One World Trade Center to upwards of 26,000 square feet, quadrupling their original footprint of approximately 6,000 square feet.

ECP originally signed a lease at One World Trade Center for 6,173 square feet in June 2017; added 4,719 RSF in January 2023; and are now growing further to a full 26,292 square feet. The most recent transaction is part of roughly 95,000 square feet of leases signed at One World Trade Center since the beginning of year, including seven within a three-month span; the building is 95% leased.

“One World Trade is home to a thriving community of businesses, as exemplified by ECP. We are proud that ECP has chosen to grow at One World Trade,” said **Jody Durst, President of The Durst Organization**.

“With this robust leasing activity, along with the recent opening of the acclaimed Perelman Performing Arts Center, the World Trade Center is cementing its status as a go-to destination for employers and visitors alike,” said **Port Authority Executive Director Rick Cotton**. “The World Trade Center area is now bustling seven days a week with a renewed spirit that will only flourish further as we welcome more to the area.”

“We’re proud to see yet another company double down on the diversity and vitality of the World Trade Center neighborhood,” said **Port Authority Chairman Kevin O’Toole**. “Employers are recognizing that their workers want to be in the middle of it all, alongside entertainment, dining, shopping, and mass transit. The World Trade Center delivers on all fronts.”

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. ECP was represented by Eric Zemachson and Corey Borg of Newmark.

“One World Trade Center continues to be the most active office destination in Lower Manhattan. Over the last year, we are thrilled to see a resurgence of financial services tenants coming to the building who are drawn to the diverse and creative community at One World Trade, the amazing views, as well as the thriving downtown neighborhood,” said **Eric Engelhardt, Senior Vice President of Commercial Leasing at The Durst Organization**.

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.

The building 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 premier 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.

Date 2023-11-09
Author The Durst Organization