Even as its neighbor on the north side of West 41st Street, 11 Times Square, struggles to land its first tenant, Forest City Ratner Companies has agreed to two new leases at the New York Times Building on 8th Avenue. The deals, which were inked with the Government of Flanders and Autonomy Inc., leave just one space of approximately 6500 square feet remaining in what was the speculative office portion of the building. The Government of Flanders took 7400 square feet on the tower’s 44th floor, where it will open an office of tourism and cultural house. Automony, Inc., which is the second largest software company in Europe, will lease 5375 square feet of space on the 38th floor. CB Richard Ellis represented Forest City in both deals, with NAI Global for Flanders.
October 17th, 2008 | Stephen Del Percio | 0 comments | ContinuedTimes Tower
Daredevil Scales Times Tower “In Honor” of World Environment Day
Unfurling a banner reading “global warming kills more people than a 9/11 every week,” daredevil climber Alain Robert ascended the 52-story New York Times Tower on 8th Avenue yesterday and was arrested upon reaching the top. Robert later claimed that he chose the tower for his climb because of its green features; the stunt was performed on the United Nations’ World Environment Day.
June 6th, 2008 | Stephen Del Percio | 0 comments | Continued
British Telecom Inks Two-Floor Sublease at Times Tower
According to Crain’s, British Telecommunications has inked a 15-year lease for 63,000 square feet of space at the New York Times Tower on Eighth Avenue at $95 per square foot. British Telecom is subleasing space on the 45th and 46th floors from investment firm ClearBridge Advisors, though the latter never occupied the space that British Telecom will take over. ClearBridge will remain in its existing space on the 47th through 50th floors. The deal follows a number of reports over the past month that financial services firms across the city have been shedding space that’s now unnecessary given the market downturn.
April 23rd, 2008 | Stephen Del Percio | 0 comments | Continued
Top Green Office Leases in Manhattan by Square Footage: 2007
The CoStar Group’s list of the top 50 Manhattan office leases that were finalized in 2007 appears in this week’s issue of Crain’s New York Business (though it isn’t available online). By our count, 9 of these 50 leases were inked for space in green office buildings. Importantly, 3 out of the top 10 leases (ranking 6 through 8, consecutively) were green. We’ve written about a number of these buildings before, and present each lease after the jump along with links to pertinent posts at gbNYC. We also set forth the tower’s certification status (if any), tenant, landlord, and total square footage of the deal.
February 28th, 2008 | Stephen Del Percio | 1 comment | Continued
Restaurant Leases Last Remaining Retail Space at N.Y. Times Tower
The New York Times Tower on 8th Avenue between 40th and 41st Streets, which earned a spot at #2 on gbNYC’s list of the top five Gotham green buildings from 2007, has secured a tenant for the fifth and final retail block in the non-LEED-certified green building. The 3,200-square-foot space will house a new restaurant concept from Andrew and Jonathan Schnipper, the brothers whose Hale & Hearty Soup chain is now ubiquitous here in Manhattan. The eatery will offer a casual American menu that will be “an evolution of the roadside stand we all knew growing up,” according to Andrew Schnipper.
January 30th, 2008 | Stephen Del Percio | 0 comments | Continued
Top 5 New York City Green Buildings: 2007
It might be a bit early to start looking back on what has been a truly watershed year for the green movement at large, and green building in particular, but here’s our stab at the top five green buildings in New York City that either received a LEED rating or were completed during the course [...]
December 4th, 2007 | Stephen Del Percio | 2 comments | Continued
Monday LEEDoff: 20 Times Square at Port Authority Bus Terminal- Gold Core and Shell
In a major turnaround from its seedy Fun City days, Eighth Avenue has made a major case that it’s Manhattan’s greenest thoroughfare. Though the strip has retained much of the gritty flavor that makes it a favorite among tourists and unwitting theatergoers, new green towers from the New York Times and Hearst, plus the speculative [...]
December 3rd, 2007 | Stephen Del Percio | 1 comment | Continued