ONE WORLD TRADE CENTER
The World Trade Center has lured another cutting-edge, digitally driven marketing firm from Midtown.
Bounce Exchange, better known as BounceX, is leaving the New York Times headquarters tower on Eighth Avenue for hipper, and higher, floors at One World Trade.
High-rise construction did not halt, or even pause, after the destruction of the World Trade Center. On the contrary, it accelerated. The number of buildings exceeding 200 meters (656 feet) tall worldwide has increased fourfold since 2000, and the construction rate of tall and supertall buildings continues to accelerate. How safe and secure are these buildings?
A digital marketing firm is trading its Midtown digs for the 77th floor of One World Trade Center.
Undertone inked a lease for 25,550 square feet in the office tower, the New York Post reported. The firm, based at 340 Madison Avenue, plans to move in January.
The digital ad company signed a seven-and-a-half-year deal for 25,550 square feet on part of the 77th floor at 1 World Trade Center, according to a spokeswoman for Undertone. The asking rent was$69 per square foot, as per a spokesman for Durst Organization, which owns the 104-story, 3.1-million-square-foot building along with the Port Authority of New York & New Jersey.
According to the owners, The Port Authority of New York and New Jersey and The Durst Organization, the companies include artificial intelligence company ASAPP, Inc. who has expanded their presence by an additional 7,904 s/f on the 80th floor of One World Trade Center; Global Risk Advisors who expanded by an additional 10,026 s/f on the 83rd floor of the building, and Kensho Technologies who has expanded by an additional 4,810 s/f on the building’s 76th floor, bringing their square footage totals at One World Trade Center to 26,270, 16,976 and 12,340, respectively.
The Durst Organization and The Port Authority of New York and New Jersey today announced artificial intelligence company ASAPP, Inc. has expanded their presence by an additional 7,904 square feet on the 80th floor of One World Trade Center; Global Risk Advisors has expanded by an additional 10,026 square feet on the 83rd floor of the building; and Kensho Technologies has expanded by an additional 4,810 square feet on the building’s 76th floor, bringing their square footage totals at One World Trade Center to 26,270, 16,976 and 12,340, respectively.
International strategic consultancy firm Global Risk Advisors is growing its footprint at 1 World Trade Center by around 10,000 square feet, while artificial intelligence company ASAPP and fintech firm Kensho Technologies are expanding in the building as well, Commercial Observer has learned.
The Durst Organization and The Port Authority of New York and New Jersey today announced Aaptiv Inc., a leading digital health company, has signed a five-year lease for a 16,962 square foot prebuilt on the 49th floor of One World Trade Center. Aaptiv is moving from their offices in NoMad. The prebuilt program at One World Trade Center commenced in 2014 and is currently 72% leased.
Durst reserved 360,000 square feet of prebuilt office space on nine floors of the 104-story tower ranging from a few thousand to 20,000 square feet. The company recently completed two five-year deals for this space: one with Fractal Analytics for 7,822 square feet on the 76th floor and one with real estate investment firm Group RMC Corp for 6,600 square feet on the 83rd floor.
One World Trade Center may be best known as home to Condé Nast, which takes up more than a third of the 3 million-square-foot, 1,776-foot-tall spire. The Condé Nast deal was one of the largest leases in Lower Manhattan in the past decade, but about 750,000 square feet of the building remains vacant.