Data processing company Celonis expands at One World Trade Center
Data processing company Celonis is expanding its footprint at One World Trade Center. The deal brings the lower Manhattan skyscraper up to 95% leased The company has opted to extend its existing lease and to sign an additional lease for the full 70th floor, about 41,000 square feet, according to the building's landlords, The Durst Organization and The Port Authority of New York and New Jersey. Celonis signed a lease in February 2020 for the full 87th floor, more than 34,000 square feet. "One World Trade Center is a beautiful location for our North America headquarters," said André Heinz, chief…
Date 2022-03-29
Author Liz Young
New York’s Landmark One World Trade Center Reaches Highest Leasing Level in Building History
One World Trade Center, the tallest building in the Western Hemisphere, has reached the tower’s highest leasing level after software firm Celonis took more space in a sign of recovering demand for high-end New York City offices Celonis, a producer of software that helps businesses run more efficiently, extended its existing lease and signed an additional agreement for the entire 70th floor. Celonis already occupied 34,000 square feet on the 87th floor before the expansion, the building management said. With its new additional footprint of 40,763 square feet, One WTC is now 95% leased, 2 percentage points more than in…
Date 2022-03-29
Author Andria Chang
Author The Durst Organization
Manhattan’s One World Trade Center Now 95% Leased After New Deal
(Bloomberg) -- A new lease at lower Manhattan’s One World Trade Center bumped occupancy at the skyscraper up to 95%. An existing tenant, German data processing firm Celonis, expanded its space at the tower, taking all 40,763 square feet (3,787 square meters) on the 70th floor, according to a statement Monday by landlords Durst Organization and the Port Authority of New York and New Jersey Occupancy at the property, which has 3.1 million square feet of space, was at 93% in February 2020 and had dipped to roughly 90% during the pandemic as tenants with employers working remotely let their…
Date 2022-03-28
Author Natalie Wong
Durst Org. planning a park for LI City
The builders of a distinctive new apartment tower in Long Island City have unveiled plans for a new public park set to open in 2023 The Durst Organization, which built the 67-story Sven building at 29-27 41 Ave., announced March 10 that it will build and maintain Sven Park, a half-acre of green space that will open “early next year.” Durst said the green space is needed in the Dutch Kills community, as it has among the smallest amount of park space per capita of any neighborhood in the borough. “In a city short on green space, we are excited…
Date 2022-03-24
Author Michael Gannon