Research

New York office insight - Q2 2018

Leasing activity was highlighted by the 792,000-square-foot commitment by Pfizer to anchor The Spiral at 66 Hudson Boulevard. Discovery Communications leased 362,000 square feet at 230 Park Avenue South. J. Crew was bought out of its lease at 770 Broadway to accommodate a 320,000- square-foot expansion by Facebook. J. Crew proceeded to backfill the former BNY Mellon space at 225 Liberty Street, subleasing the entire 325,000-squarefoot block. Under-renovation 1271 Avenue of the Americas inked leases with Latham & Watkins and Blank Rome totaling nearly 545,000 square feet.

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