CTC signs 68,339 s/f lease with Durst Org. at One Five One West 42nd St.

New York, NY According to The Durst Organization, CTC (Chicago Trading Company) has signed a 15-year lease for 68,339 s/f on the 36th and 37th floors at One Five One West 42nd St. The trading firm is moving their office from 1120 Ave. of the Americas.

Building on its pedigree as the first green skyscraper in the country, One Five One West 42nd St. achieved LEED Gold certification under LEED v4 Existing Buildings: Operations + Maintenance. This accomplishment is a result of a $150 million-plus capital improvement program, which included new entrances, a lobby renovation, new destination dispatch controls and elevator cabs, enhanced building automation and temperature control systems, and demand-controlled ventilation through sensors installed in each air handling unit. The 45,600 s/f amenity includes conference and meeting rooms and an artisanal food hall located in the reimagined Frank Gehry cafeteria and curated by Michelin Star Chef Charlie Palmer.

“CTC is an outstanding addition to One Five One,” said Jonathan Durst, president of The Durst Organization. “One Five One’s expansive floorplates allowed CTC to expand and consolidate their offices.  One Five One is providing CTC with the space to collaborate and foster creativity and, ultimately, giving them a critical edge in their competitive business. With the last two full floors leased by CTC, One Five One is now 97% leased and helping to lead our City’s rebound from the pandemic.”

CTC was represented by CBRE’s New York team of Ben Friedland, Jason Pollen and Hannah Gerard, along with Mark Keebler and Brad Serot of CBRE’s Chicago office. The Durst Organization was represented in-house by executive vice president Tom Bow, senior vice president Rocco Romeo and associate director Tanya Grimaldo.