The Corporate Cafeteria Is Broken. So How to Feed Workers?
The corporate cafeteria can be an especially lonely place these days “You used to walk in at 12 o’clock on a Tuesday and stand in line to get something,” said Casey Allen, 46, who works for a division of the agricultural chemical company BASF in Raleigh, N.C. “Now, you walk in and you’re usually first in line.” A paternalistic fixture of white-collar life born of the Industrial Revolution, the office dining room survived the midcentury move to sprawling suburban office parks. It weathered the rise and fall of cubicle culture and power lunches, and more recently, the lavish excess of…
Date 2023-01-23
Author Kim Severson
Why One World Trade Is Winning R.T.O.
The pandemic has emptied office buildings all over New York City, but One World Trade Center, which is almost fully leased, has become a buzzy tech, advertising and media hub Here’s what I saw when I stopped by. The landmark, at 94 percent occupancy, houses the legacy media publisher Condé Nast and tech companies like Reddit. Office workers can ride an express elevator to the “sky lobby,” a bright atrium with skyline views (or, weather depending, clouds). On the same floor as the sky lobby (the 64th), a cafe decked out with national flags hosts World Cup viewing parties. There…
Date 2022-12-14
Author Winnie Hu
THE DURST ORGANIZATION ANNOUNCES NEW LEASING TRANSACTIONS AT 825 THIRD AVENUE
- Upgraded trophy office tower’s debut draws new tenants from nearby Class A districts New York, December 6, 2022 – The Durst Organization (‘Durst’) today announced the completion of approximately 55,000 square feet of new leasing transactions within their repositioned office tower at 825 Third Avenue. The five new leases, all of which were recently signed, clearly demonstrate growing interest in 825 Third as midtown east’s newest trophy office destination for a range of industries. Durst is one of the country’s leading developers, owners and managers, with 13 million square feet of office space and three million square feet of…
Author The Durst Organization
Author Commercial Observer
Investment, Law Firms Ink 16K SF of Deals at 1155 Avenue of the Americas
Investment company Francisco Partners and law firm Jenner & Block are investing in the Theater District Francisco Partners inked a deal to relocate from about 3,000 square feet at 1114 Avenue of the Americas to 10,985 square feet across most of the 28th floor of the Durst Organization’s 1155 Avenue of the Americas. The deal allows Jenner & Block to nab the floor’s remaining 5,600 square feet in a 15-year lease, Commercial Observer has learned. Asking rent was $100 per square foot for Francisco’s six-year deal and Jenner & Block’s transaction, according to Durst. Francisco Partners will relocate from the…
Date 2022-09-29
Author Celia Young