With its three largest workplace towers principally leased for rents effectively above $100 per sq. foot, Brookfield Properties wouldn’t appear to have a care on the earth for its seven million square-foot growth between Penn Station to the east and Associated Firms’ Hudson Yards to the west.
Even so, leases don’t final eternally and a few house stays obtainable right now.
So Brookfield tapped JLL as its unique leasing agent for the advanced’s workplace towers, the place marquee-name tenants embody Skadden, Amazon, Ernst & Younger, JPMorgan Chase, the NHL and most just lately, Spanish financial institution BBVA, which signed for 74,000 sq. toes at 2 Manhattan West in November 2023.
As per Costar, 1 Manhattan West’s 2.1 million sq. toes are greater than 97% taken.
However some 338,000 sf are nonetheless up for grabs at 1.95 million square-foot 2 Manhattan West, as are 251,000 sf at 1.7 million square-foot 5 Manhattan West, in keeping with Costar.
As well as, a supply, neither at JLL nor Costar, mentioned that about 100,000 sq. toes will quickly unlock at 5 Manhattan West, the one-time Brutalist-style eyesore that Brookfield spent $300 million to transform right into a gleaming, twenty first Century showplace.
The JLL group is headed by New York area president Peter Riguardi with different high producers together with Paul Glickman, Matt Astrachan, Christine Colley, Kristen Morgan and Seth Godnick.
Manhattan West’s non-office elements are thriving, too.
The Pendry Resort is house to common Center Japanese restaurant Zou Zou. Different eating choices in what’s known as Manhattan West Plaza embody Danny Meyer’s Ci Siamo and Each day Provisions, modern-Spanish restaurant Casa Dani and Japanese eatery Katsuya.
Retailers embody the NHL retailer and a mammoth Entire Meals Market.
