Ennead Architects Nabs 47K SF of Condé Space at 1 WTC
Condé Nast is slowly filling up its sublease space at 1 World Trade Center. The cash-strapped publishing giant has subleased 47,252 square feet to Ennead Architects, according to a press release from...
View ArticleCarta Inks 36K SF in 1 WTC
Ownership and equity management platform Carta will be moving into 1 World Trade Center, the landlords announced in a press release. The tech company, formerly known as eShares, signed a seven-year...
View ArticleDowntown Honchos Push for Train to Newark Airport, Wall Street Renewal at CO...
Brookfield Properties Chairman Ric Clark, Downtown Alliance head Jessica Lappin and Rudin Management CEO William Rudin argued that the Port Authority should be working on a one-seat ride to Newark...
View ArticleDurst Nabs Princeton Longevity, Ichnos Sciences and 2 More at 1 WTC
The Durst Organization inked deals for four new tenants to take space at 1 World Trade Center, and for two existing ones to expand their digs, Commercial Observer has learned. Preventative medical...
View ArticleStartup Celonis Takes a Floor at 1 WTC
Celonis, a startup that builds artificial intelligence-driven software to make corporate processes more efficient, has leased a full floor at 1 World Trade Center. The company, which was recently...
View ArticleClik here to view.
Port Authority Chief Says There’s 97 Percent Decrease in Airport Passengers
As the tri-state region considers life after the coronavirus pandemic, transit agencies are dealing with huge declines in ridership and revenue that will affect their ability to operate service and...
View ArticleClik here to view.
CO Panel: More City, State Contract Work Needed With Firms Owned By...
It’s hard out there for minority- and women-owned business enterprises trying to gain a foothold in the construction industry — especially during a pandemic. During Commercial Observer’s forum “Public...
View ArticleSunday Summary: Hooray for Hollywood!
One thing that has remained certain during all the highs and lows of the horrible pandemic: We need something to binge. Hospitality, retail and office all took enormous hits, thanks to COVID-19, but...
View ArticleCushman & Wakefield to Consolidate Lower Manhattan, Brooklyn Offices
Cushman & Wakefield, one of the world’s largest commercial real estate services firms, plans to consolidate into a single location its Lower Manhattan office at One World Trade Center and its...
View ArticleHow the Pandemic Has Affected Big Construction Plans for NYC Airports
New York City’s two airports, LaGuardia and John F. Kennedy International, have lost an unprecedented amount of revenue as the pandemic largely eliminated tourism and business travel over the past...
View ArticleCondé Nast Refuses to Pay $2.4M in One World Trade Center Rent
Media giant Condé Nast has refused to pay $2.4 million in rent for its office space at One World Trade Center as it tries to shrink its square footage in the building, The Wall Street Journal reported....
View ArticleSoftware Developer Hyperscience Moves, Expands in 1 World Trade Center
Automation software developer Hyperscience has leased the entire 88th floor at 1 World Trade Center, landlords The Durst Organization and Port Authority of New York and New Jersey announced today....
View ArticleState Agency Planning $700M Refinance of 1 WTC
A New York state agency created to redevelop Lower Manhattan after the Sept. 11 terrorist attacks approved $700 million in bonds to refinance 1 World Trade Center — the tallest building in the Big...
View ArticleGovernors Hochul and Murphy Finalize Gateway Funding for Cross-Hudson Tunnels
After many years of negotiations, governors Kathy Hochul and Phil Murphy finalized the first phase of state funding to build new train tunnels beneath the Hudson River on Tuesday, signing an agreement...
View ArticleSpotify to Sublet Part of 4 World Trade Center Offices
Music streaming giant Spotify plans to shrink its footprint by subletting five floors at 4 World Trade Center, as the company continues to re-evaluate its real estate needs, Bloomberg reported. Spotify...
View Article
