News: Brokerage

One World Trade Center now 95% leased

New York, NY According to The Durst Organization and The Port Authority of New York and New Jersey, Celonis has extended its existing lease and signed an additional lease for the entire 70th floor. With this additional 40,763 s/f, One WTC is now 95% leased.

“In just two years, Celonis has significantly increased its footprint at One World Trade Center,” said Jonathan Durst, president of The Durst Organization. “One WTC is now 95% leased, the highest level in the building’s history. This milestone is not only a proud moment for our leasing team, but demonstrative of One WTC’s inherent appeal and New York’s supremacy as the global center of tech, finance, media and culture.”  

“One World Trade Center is a beautiful location for our North America headquarters,” said André Heinz, chief people and culture officer at Celonis. “The building is a point of pride for us as we continue to scale around the globe, and we love seeing the reactions from new employees, customers and partners when they visit.”

“This milestone is a testament to the resilient appeal of One World Trade Center to a variety of tenants, and it also signals the strength of the World Trade Center campus as tens of thousands of office workers return, making it once again the vibrant hub of Lower Manhattan,” said Rick Cotton, executive director of the Port Authority of New York and New Jersey. "With the façade of the Performing Arts Center now fully visible as construction advances, and with approaching completion of the St. Nicholas Greek Orthodox Church and National Shrine, the final pieces of the campus are taking shape to realize the full vision of the site, which is poised to play a key role in the city and region’s economic recovery from the pandemic.”

Celonis was represented by vice chairman Michael Mathias and executive managing director Kirill Azovtsev of Savills. The landlord was represented by senior managing director Eric Engelhardt and managing director Karen Rose of The Durst Organization and the Newmark Knight Frank team of David Falk, Jason Greenstein, Peter Shimkin, Hal Stein and Andrew Duffy.

Celonis helps organizations to find and fix the hidden inefficiencies lurking within their processes and optimize business performance. The company first opened its second headquarters in New York City in 2017, and this expansion comes as part of its broader return-to-office strategy. The new space at One WTC will help support Celonis’ continued growth as the company continues to hire and expand across the globe. Celonis has thousands of global customers and is headquartered in Munich, Germany and New York City, with 16 offices worldwide.

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