The Durst Organization has signed a pair of new leases at One World Trade Center, the iconic, 1,776-foot-tall tower that is playing a preeminent role in the resurgence of Lower Manhattan.
Symphony, a real-time communications platform ensuring security, privacy and compliance of financial and enterprise customers, will occupy 8,590 square feet of prebuilt space on the 45th floor of the Class-A tower.
Olam Americas, which sources, processes, and distributes agricultural commodities as cocoa, cotton, coffee and cashews, has signed a ten-year lease for 5,451 square feet of build-to-suit space on the 47th floor.
The 3.0-million-square-foot One World Trade Center has closed numerous transactions under its specialized prebuilt/build-to-suit program. The Durst Organization has set aside a total of 141,514 square feet on the 45th, 46th, and 47th floors to accommodate small-space tenants from a variety of sectors. Suites with pre-built and build-to-suit, high-end finishes are available in sizes ranging from 2,000 to 20,000 square feet.
“The One World Trade Center address brings unparalleled marketing value for every tenant, while offering first-class amenities in a setting that promotes operational efficiency,” said Cushman & Wakefield Executive Vice Chairman Tara Stacom, who leads the firm’s leasing team of Alan Stein, James Searl and Justin Royce, along with Jodi Pulice of JRT Realty, on behalf of the building. “This internationally prominent property also meets the needs of companies seeking space that brings a high degree of flexibility in workplace design.”
The Durst Organization was represented in-house on the two new transactions by Karen Kuznick as well as by the Cushman & Wakefield leasing team. Symphony was represented by Rob Lowe and Nicholas Dysenchuk of Cushman & Wakefield. Olam Americas was represented by Jonathan Fein and Dan D’Agnes of Cushman & Wakefield.
Global publishing giant Condé Nast, the anchor tenant, situated its 1.2-million-square-foot headquarters between the 20th and 44th floors.
In addition to Condé Nast, the following firms have taken space and are operational in the building: Legends Hospitality, LLC; Incandescent Technologies, which provides information management consulting services to financial institutions; independent asset manager C12 Capital Management; global executive office space provider Servcorp; and The Durst Organization’s downtown office.
Other tenants include: China Center New York LLC, a division of Vantone Industrial Co., Ltd.; Westfield LLC, the U.S.-based affiliate of Westfield Corporation, one of the world’s leading retail development companies and owner/developer of the World Trade Center retail facilities; High 5 Games, a global digital gaming company; xAd, a technology advertising firm; commercial real estate services firm Cushman & Wakefield; among several others.
Located in close proximity to a talented and rapidly growing workforce, Lower Manhattan is home to a steadily increasing population of more than 62,000 residents, with new residential development underway.
The building is home to the recently opened One World Observatory on levels 100, 101 and 102. Managed and operated by Legends Hospitality, the Observatory provides unique, panoramic views of New York City, its most iconic sites, and surrounding waters.
Designed to achieve LEED CS Gold Certification, One World Trade Center is poised to become the most environmentally sustainable project of its size in the world.