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Consulting Firm Vidaris Moving HQ to Durst’s One Five One in Midtown

Building consulting firm Vidaris is moving up the Midtown Manhattan borough to 19,000 square feet at the Durst Organization’s One Five One, also known as 151 West 42nd Street, Commercial Observer has learned The consulting service provider signed a 10-year lease for space on the 24th floor of the Theater District building, formerly known as the Condé Nast building. Asking rent was $95 per square foot, according to a representative from the Durst Organization. “Vidaris is an exciting addition to One Five One,” Jonathan “Jody” Durst, president of the Durst Organization, said in a statement. “We are honored that a…

Publication Commercial Observer
Date 2021-07-21
Author Celia Young

Deals of the Day: July 19

Vidaris signs 19,000 SF deal in Midtown Address: 151 W. 42nd St. Tenant: Vidaris Landlord: Durst Organization Lease size: 19,000 SF Asset type: Office Brokers: Tom Bow, Rocco Romeo and Lauren Ferrentino of Durst Organization represented the landlord. Grocer signs 40-year lease in the Bronx Address: 2856 Webster Ave., Bronx Tenant: Cherry Valley Marketplace Landlord: Douglaston Development Lease size: 12,373 SF Asset type: Retail Tenant expands at Feil Organization's 551 Fifth Ave. Address: 551 Fifth Ave., Manhattan Tenant: MidCap Financial Services Landlord: Feil Organization Lease size: 5,645 SF Price per SF: $65 Asset type: Office Brokers: Kevin Driscoll of the…

Date 2021-07-21
Author Natalie Sachmechi; Eddie Small

Building consultant Vidaris takes 19,000 s/f at Durst tower

The Durst Organization announced that Vidaris, Inc. has signed a 10-year lease for 19,000 s/f on the 24th floor at One Five One West 44nd Street. Vidaris is moving from 360 Park Avenue South Building on its pedigree as the first green skyscraper in the country, One Five One West 42nd Street achieved LEED Gold certification under LEED v4 Existing Buildings: Operations + Maintenance. This accomplishment is a result of a $150 million-plus capital improvement program which included: new entrances, a lobby renovation, new destination dispatch controls and elevators cabs, enhanced building automation and temperature control systems, and demand-controlled ventilation…

Date 2021-07-21
Author Real Estate Weekly

Hyperscience Moves and Expands Within 1 WTC

Automation software developer Hyperscience has leased the entire 88th floor at One World Trade Center, landlords Durst Organization and Port Authority of New York & New Jersey announced today The tech startup inked a 10-year lease for 34,382 square feet, nearly tripling its footprint in an upgrade from a smaller, 12,700-square-foot space on the 45th floor. Asking rent in the transaction was $80 a square foot. “By design, we set aside specific floors at [One World Trade Center] for pre-built suites with the expectation of tenant expansion,” Jonathan “Jody” Durst said in a statement. “This approach has assisted tenants, like…

Publication Commercial Observer
Date 2021-06-22
Author Rebecca Baird-Remba

Calvary Baptist Church revives exciting plans for tower

Meanwhile, down south, the Durst Organization has had great success with its prebuilt program at One World Trade Center, which it owns with the Port Authority. Durst set aside certain mid-tower floors for prebuilt suites designed for smaller tenants likely to expand In the latest case of growth, automation software firm Hyperscience, a tenant since May 2019, is nearly tripling its space by moving from 12,700 square feet on the 45th floor to 34,380 sf on the entire 88th floor. The asking rent was $80 per square foot. Other tenants that grew from prebuilts into larger spaces at One World…

Publication New York Post
Date 2021-06-21
Author Steve Cuozzo