New York Market Overview
Office:
- American Express leased 2 million SF at 2 World Trade Center.
- Bank of America leased an extra 600,000 square feet on a 20-year triple-net lease at One Bryant Park.
- BXP leased 230,000 square feet at 360 Park Avenue South.
- Burlington Stores renewed and expanded its lease at 400 Broadway in the Garment District for 206,000 sf.
- Clay inks 163,000 sf lease at 11 Madison Avenue.
- New York City Department of Environmental Protection signed a 20-year lease at 24-02 49th Avenue in Long Island City for 155,000 sf.
- JPMorgan Chase signed a new lease expansion at 5 Manhattan West in the Hudson Yards for 139,000 sf.
- Latham & Watkins leased an additional 131,000 RSF at 1285 Sixth Avenue.
- Fanatics leased 105,000 sf at 95 Morton Street.
- Harvey AI is adding more than 90,000 square feet at One Madison Avenue.
- Uber subleases an additional 86,000 SF at 3 WTC.
- Snowflake signed an 83,000-square-foot lease at 7 Times Square.
- Point72 Asset Management signed a lease for 60,000 square feet at 66 Hudson Boulevard, as well as part of the 21st floor.
- Industrious expanded at Tower 49 by 52,000 square feet to 292,000 square feet.
- Carlyle Group signed a lease for 50,000 sq ft at 245 Park Avenue (a 10-year lease) and 52,000 sq ft at 200 Park Avenue.
- Linklaters signed a 10-year expansion at 1290 Sixth Avenue for 48,000 sf.
- Thompson Coburn signed a lease at 488 Madison Avenue for 46,000 sf.
- Groombridge Wu Baughman & Stone leased 43,000 SF at 1185 Sixth Avenue for a 13-year lease.
- Nespresso renewed its lease at 111 West 33rd Street for 42,000 sf.
- East West Bank leased 38,000 sf at 345 Park Avenue.
- WeWork leased 37,000 sf at 511 Fifth Avenue.
Retail:
- Balloon Museum leased 54,000 SF at 96 South Street in the Tin Building.
- T.J. Maxx renewed lease at 250 West 57th Street for 46,000 sf.
- Sky Zone signed a new lease at 517 East 117th Street for 35,000 sf.
- Zeta Charter Schools signed a new two year lease at 517 West 164th Street for 35,000 sf.
- Gotham Pickleball signed a new lease at 52-37 Second Street for 26,000 sf.
- Los Angeles Apparel signed a 10-year lease for 24,687 square feet at 480 Broadway.
- JPMorgan Chase signed a new lease at 1 Grand Central Place for 22,000 sf.
- Sora signed a new 15-year lease at 370 Broadway.
- Meta signed a 10-year, 15,000-square-foot retail lease for the entire five-story townhouse at 697 Fifth Avenue to sell virtual reality headsets and smart glasses.
- LinkedIn leased 15,000 sf of retail space at 350 Fifth Avenue.
- Beanstalk Academy signed a new 10-year lease at 34 West 139th Street for 13,000 sf.
- Delmonico's is opening a new 11,735-sq-ft location at 1330 Sixth Avenue.
- Beanstalk Academy signed a new 10-year lease at 950 Westchester Avenue for 11,000 sf.
- CRGE signed a new lease at 72-01 Queens Boulevard for 10,000 sf.
- Retro Recess signed a new lease at 44-01 11th Street for 10,000 sf.
- Brooklyn Bridge Fencing Club signed a new 10-year lease at 295 Front Street for 8,000 sf.
- Erudite Preschool signed a new lease at 6 Baltic Street for 4,000 sf.
Industrial:
- Gate Gourmet leased 63,000 square feet and Yanwen Express leased 24,000 square feet at The Inwood Logistics Center.