ECP Expands to 26,000 Square Feet at One World Trade Center
**New York, NY** (November 9, 2023) – The Durst Organization and The Port Authority of New York and New Jersey today announced that ECP, a leading energy transition-focused investor, is expanding its footprint at One World Trade Center to upwards of 26,000 square feet, quadrupling their original footprint of approximately 6,000 square feet ECP originally signed a lease at One World Trade Center for 6,173 square feet in June 2017; added 4,719 RSF in January 2023; and are now growing further to a full 26,292 square feet. The most recent transaction is part of roughly 95,000 square feet of leases…
Author The Durst Organization
Energy Capital Partners Expands to 26K SF at 1 World Trade Center
An energy investment firm is powering up to 26,292 square feet at 1 World Trade Center Energy Capital Partners (ECP) signed an 11-year lease for 15,400 square feet to more than double its space in the building, according to landlords the Durst Organization and the Port Authority of New York and New Jersey. ECP has expanded rapidly in the span of just six years after it moved into the building, according to the owners. It started with 6,173 square feet in June 2017 then tacked on another 4,179 square feet in January, bringing its total to 10,352 square feet until…
Date 2023-11-08
Author Mark Hallum
From Hudson Yards to Long Island City: My allergies were ruining my life and now I'm breathing better
Dilip and his wife liked living in Hudson Yards, but something there triggered his allergies, leading to severe breathing issues. So he hunted for a rental in a brand-new, eco-friendly with a top-notch air filtration system and has been breathing easier ever since. Here’s his story I was born and raised in Chicago, Illinois. In November 2020, I relocated to New York City because my wife, who works in fashion retail, got a job offer here. We landed in a 760-square-foot rental apartment in Hudson Yards and paid $4,400 for a one-bedroom unit. The building had a ton of amenities:…
Date 2023-11-03
Author Kelly Kreth
Owners Magazine: Douglas Durst; Chairman at Durst Organization
**Where is Durst going to be in 2026?** New York City. **Where is Durst going to be in 2028?** Still in New York City. **Where is Durst going to be in 2033?** Still, still in New York City. **Tell us about a successful financing you’ve done in the last 12 months. Or tell us about an unsuccessful one.** Our $100 million loan to transform 825 Third Avenue enabled us to empty the building after a triple-net lease ended, sustainably modernize the tower, and add a spectacular amenity space. We went from 0 percent to 35 percent pre-leased within a few…
Author Commercial Observer
Durst, Urban Atelier Top Out Astoria Mixed-Use Complex
The Durst Organization and Urban Atelier Group have topped out of the construction at 20 and 30 Halletts Point in Astoria, Queens This mixed-use complex comprises 647 units across two towers, with one rising 27 stories and the other 32 stories. The project, designed by Handel Architects, is part of a development on the waterfront, set to include a public waterfront esplanade and park, as well as retail spaces. A 600-foot mural by local artist Zeehan Wazed was installed on the construction fencing in partnership with ArtBridge, offering an augmented reality experience titled “A City in Motion.” The Halletts Point…
Date 2023-10-26
Author Emily Fu