News: Brokerage

The Durst Organization inks 12,456 s/f lease at One World Trade Center

Manhattan, NY The Durst Organization with W Media, publishers of the fashion, entertainment, and culture outlet W Magazine, has signed a lease for 12,456 s/f on the 46th floor at One World Trade Center. A wave of recent leasing activity, including Energy Capital Partners’ growth to more than 70,000 s/f, has brought One World Trade Center to 97% leased.

The Durst Organization was represented in house by Eric Engelhardt, Karen Rose, and Sayo Kamara, and by Newmark’s David Falk, Peter Shimkin, Hal Stein, Nathan Kropp, and Paige Raisides. Joe Gervino, Jason Scwhartzenberg, and Alexis Odgers from Avison Young represented W Media. 

“One World Trade Center has the largest community of TAMI tenants in New York City, even as the building draws a growing base of finance and law firms. W Media will add to the dynamic mix of creative and innovative talent at One World Trade Center,” said Jody Durst, president of The Durst Organization.

“The World Trade Center campus continues to be a magnet for best-in-class firms who see the value of an address in a vibrant lower Manhattan location that offers direct transit connections to New Jersey and throughout New York City, proximity to like-minded innovative companies, and the best mixed-use hub that the city has to offer,” said Jolene Yeats, the director of the World Trade Center at the Port Authority of New York and New Jersey. “The Port Authority works diligently to bring dynamic programming to the entire World Trade Center campus, in addition to the world-class amenities available to our One World Trade Center tenants.”

Built by The Port Authority of New York and New Jersey and The Durst Organization in a public-private partnership, One World Trade Center is the tallest building in the Western Hemisphere. The 3.1 million s/f building is certified LEED Gold and has direct access to the World Trade Center Oculus transit hub.

One World Trade Center brings together convenience, amenities, and a neighborhood that inspires innovation, productivity, and success. The 25,000 s/f Well& by Durst amenity space on the 64th Floor Sky Lobby provides tenants with a space that invigorates, inspires, and fosters connections. Well& by Durst features freshly prepared seasonal meals, exclusive curated events, as well as state-of-the-art meeting, event, and lounge spaces. Tenants at One World Trade Center include Condé Nast Publications, Carta, Ameriprise, Celonis, Stagwell, Scale AI, and Frier Levitt.

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