Durst Just About Done Leasing Up Condé Nast's Former Times Square Tower
The Durst Organization has found a tenant for the last two full floors available at its Times Square office building One Five One Chicago Trading Co. has taken 68K SF in the building, previously known as 4 Times Square, across the 36th and 37th floors. The deal is for 15 years, Durst said in a statement. CTC is leaving 1120 Sixth Ave. for the space, which had an asking rent of $112 per SF, the New York Post reported. The building is now 97% leased, the landlord said. The deal is the office leasing equivalent of reaching a peak after…
Date 2022-07-14
Author Miriam Hall
Chicago Trading Company Plans New York Office Relocation to Renovated Times Square Tower
Chicago Trading Company, a proprietary trading firm, is moving its New York office to a renovated tower in Times Square, making the building almost fully leased. It’s the latest sign of overhauled top-tier office buildings having a better shot at attracting tenants even as the market sits at record-high vacancies Chicago Trading Company, or CTC, signed a 15-year lease spanning 68,339 square feet on the 36th and 37th floors at 151 W. 42nd St. between Sixth Avenue and Broadway, taking up the last two available full floors, landlord The Durst Organization said Monday in a statement. The asking rent was…
Date 2022-07-14
Author Andria Cheng
Chicago Trading Company Takes 69K SF at Durst’s One Five One
Chicago Trading Company (CTC) is trading up with a deal for a 68,339-square-foot office at the Durst Organization’s One Five One The trading firm’s 15-year deal fills the last two full floors that Skadden, Arps, Slate, Meagher & Flom abandoned when it left the tower at 151 West 42nd Street for Hudson Yards in 2019, the New York Post first reported. Asking rent was $110 per square foot, according to the landlord. CTC will move from about 10,000 square feet at the Hippodrome Building to the 36th and 37th floors of the nearby 48-story One Five One starting at the…
Date 2022-07-14
Author Celia Young
Durst Organization’s Times Square tower fills last vacancy
The Durst Organization’s One Five One West 42nd Street – not long ago known as Four Times Square – took a big step toward a return to full occupancy with a new lease for Chicago Trading Company The firm just signed for 68,339 square feet on floors 36 and 37, which were the last two full-floor availabilities in the 52-story, 1.7 million-square-foot tower that was empty after its two original tenants, Conde Nast and Arps, moved out a few years ago. The deal marks a big Manhattan expansion for CTC, which is leaving behind only about 10,000 square feet at…
Date 2022-07-14
Author Steve Cuozzo
What Are You Paying For? Amenities We Love to See and Wish We Had More Of
Everyone knows that New York City apartments can be expensive, but most people consider it to be a worthwhile burden of city life. Some people pay to be in a specific location, others pay for square footage and outdoor space. However, there’s one thing every New Yorker is willing to pay a little extra for, and those are amenities. Building amenities can be pretty standard, like a laundry room, or they can be lavish, like the media rooms that have been popping up in luxury buildings. There are even some amazing amenities that barely anyone has! So let’s take a…
Date 2022-07-01
Author Russelll Poole