German tech firm expands by 40k sf at 1 WTC

One tenant at One World Trade Center is more than doubling its footprint at the building, helping the owners reach a leasing benchmark. German business process analytics firm Celonis is extending its lease and expanding to the entire 70th floor. The Durst Organization announced on Monday the company was adding more than 40,000 square feet. The firm’s lease pushes One World Trade to being 95 percent leased, two percentage points higher than it was pre-pandemic.

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Flurry of activity at One World Trade, including new space for Templafy

It’s high times again at One World Trade Center. The Commercial Observer is reporting that three tenants have inked new deals at the western hemisphere’s tallest building, filling an additional 73,000 square feet of space and bringing the Downtown building’s occupancy rate up to 92 percent. Business software company Templafy, Advertising platform LiveIntent and investment management firm Jordan Park are moving into or up in the 104-story skyscraper, according to the report, which houses nearly

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1 WTC set for $700M refinancing

The New York Liberty Development Corporation is reportedly set to issue bonds this month to refinance the debt on One World Trade Center. The state agency approved $700 million in bonds on behalf of the Port Authority of New York and New Jersey, which co-owns the building with the Durst Organization, Bloomberg reported. Proceeds from the offering will redeem securities from a decade ago that were used to finance the building, according to Bloomberg. The

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Constellation Agency leases 21st floor of One WTC

Advertising company Constellation Agency has signed a lease for 48,000 square feet at One World Trade Center — the entire 21st floor. The agency is subleasing the space from Advance, which is offering some 400,000 square feet of space for sublease at One World Trade. In total, the company, which is the parent of Conde Nast, has 1.1 million square feet. Constellation Agency is moving from 110 William Street. Recently Reddit signed a sublease for

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One World Trade Center Spire: Workers Begin To Hoist Spire Atop City’s Tallest Building

Workers lifted the first section of the 408-foot spire to the top of One World Trade Center Wednesday morning. When completed, the spire will bring One WTC to a staggering 1,776 feet tall, making it the tallest building in the Western Hemisphere. Since November 16, nine of the sections have been traveling 1,500 nautical miles …