An investment adviser grabbed space at Rockefeller Center, just in time to see the famed Christmas tree take root.
Ruane, Cunniff & Goldfarb signed a lease for 43,000 square feet at Tishman Speyer’s 45 Rockefeller Plaza, the Commercial Observer reported. The company will occupy the entire 34th floor of the 40-story office building, as well as part of the 35th floor.
Medidata Solutions, a company under the umbrella of French software giant Dassault Systemes, has renewed its 177,000-square-foot lease at 350 Hudson Street, Commercial Observer has learned.
The firm moved into 100,000 square feet in the building owned by Hudson Square Properties, a joint venture comprised of Trinity Church Wall Street, Norges Bank Investment Management and Hines, in 2012, and has decided to stay in the building until at least 2030, according to a source familiar with the deal. It’s unclear when the firm took an additional 77,000 square feet.
Despite continued uncertainty about workers returning to their desks, Manhattan’s office market appears to be gaining momentum.
Office leasing volume surged in the third quarter as the borough’s availability rate dropped to its lowest level in 18 months, according to a report from Colliers.
The tenant roster continues to grow at SL Green Realty’s under-construction One Madison Avenue.
Franklin Templeton Investments signed a 15-year lease for 347,474 square feet, a footprint that will span floors 11 through 22 in the 1.4 million-square-foot office tower scheduled for completion in 2023, according to the developers. The asking rent was $145 per square foot, according to SL Green.
According to the landlord, hedge fund D.E. Shaw & Co. will upgrade its offices to 283,000 square feet at Brookfield Properties’ under-construction 2 Manhattan West.
Bloomberg first reported that D.E. Shaw took eight floors of the 58-story Hudson Yards skyscraper to relocate its headquarters from 195,000 square feet at 1166 Avenue of the Americas.
A law firm signed a massive lease at Paramount Group’s 1301 Sixth Avenue, but the move includes a cut to the company’s footprint in Manhattan’s office market.
O’Melveny & Myers is taking 142,000 square feet at the Midtown Manhattan building, Paramount announced. The 15-year lease covers floors 17 through 20, which are occupied by French bank Credit Agricole on a lease set to expire in February.
Productivity software maker Asana is adding another 44,000 square feet to its 3 World Trade Center offices.
According to landlord Silverstein Properties, Asana will grow from 17,000 square feet — which it first leased in 2019 — to 61,000 square feet.
Alternative investment firm Blue Owl Capital leased 137,660 square feet at RFR Holding’s Seagram Building at 375 Park Avenue, RFR announced Wednesday.
Currently located on the 38th floor of 399 Park Avenue, Blue Owl leased additional space just a block north to its new offices. RFR’s director of leasing, AJ Camhi, described the move as a flight to quality from an older office asset to one that draws workers back.
Memorial Sloan Kettering Cancer Center, fresh off purchasing the majority of the Lipstick Building, just shelled out $185 million for the real estate at its Upper East Side research campus.
The hospital bought eight commercial condos spanning roughly 90,000 square feet at 321 East 61st Street from Joy Construction and Maddd Equities, property records filed Tuesday show.
The recently rebranded Dotdash Meredith has weathered plenty of change in the last year, but the company is now looking to shift a large amount of space onto the office market.
The publisher is putting 331,000 square feet up for sublease at 225 Liberty Street, better known as Brookfield Place, the New York Post reported. The space surrender comes after IAC acquired the company for $2.7 billion.
