Seven tenants sign at The Durst Organization and The Port Authority of New York and New Jersey’s One World Trade Center

September 26, 2023 - Front Section

Manhattan, NY The Durst Organization and The Port Authority of New York and New Jersey said that seven tenants have signed leases totaling nearly 50,000 s/f at One World Trade Center.

The transactions consisted of three new leases and four renewals. Among the new tenants includes:

• LMAX Group, a global financial technology company, leased 7,945 s/f on the 76th floor. The company was previously in Servcorp’s coworking space at One World Trade Center and grew and relocated within the building. They were represented by Sinclair Li and Patrick Moroney of CBRE.

• Alternative asset management firm OnyxPoint Global Management LP signed a 3,510 s/f lease on the 45th floor. Formerly a subtenant at One World Trade Center, OnyxPoint has relocated to a larger space within the building to accommodate its growing business needs.

• RQD* Clearing, LLC signed a lease for 3,210 s/f on the 47th floor. The correspondent clearing technology provider was represented by Rob Wizenberg of CBRE.

Recent lease renewals and expansions at One World Trade include:

• Pilot Fiber NY LLC, an internet service provider, expanded within the building taking 12,456 s/f on the 46th floor. Pilot Fiber was represented by Michael Thomas and Taylor Bell of Colliers.

• Capital Rx, LLC, a health tech company and pharmacy benefits manager, renewed its lease for a 9,425 s/f DurstReady space. The firm was represented by Clint Dewey and Eric Ferriello of Colliers.

• Fractal Analytics Inc., a global provider of artificial intelligence, renewed its lease for 7,822 s/f on the 76th floor. The firm was represented by Brian Cohen and Aaron Winston of Newmark.

• Campisano Capital, LLC, a private equity firm, renewed its lease for 2,191 s/f on the 46th floor.

The Durst Organization was represented in house by Eric Engelhardt and Karen Rose and by Newmark’s David Falk, Peter Shimkin, Hal Stein, Jason Greenstein, and Nathan Kropp.

“One World Trade continues to be a premier destination for leading businesses,” said Jody Durst, president of The Durst Organization. “We are grateful and proud to welcome new tenants and to celebrate the success of the companies that have been here for years through renewals and expansions within the building.”

“In addition to access to PATH trains and 10 subway lines, employers are seeing value in locating their workers at a hub bustling with food, concerts, and cultural events – including the soon-to-be-opened Perelman Performing Arts Center,” said Port Authority executive director Rick Cotton. “This strong wave of interest and commitment to One WTC will contribute significantly to the vibrancy of the entire World Trade Center campus.”

“One World Trade Center continues to stand tall as a beacon of strength and resilience for the region’s economy,” said Port Authority chairman Kevin O’Toole. “This robust leasing activity signals an unmistakable confidence in Lower Manhattan’s vitality and livability from several innovative, ambitious companies.”

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