LEADING DIGITAL HEALTH COMPANY AAPTIV TAKES 16,962 SQUARE FOOT PREBUILT AT ONE WORLD TRADE CENTER

Over 70% of Prebuilts Leased at One World Trade Center

The Durst Organization and The Port Authority of New York and New Jersey today announced Aaptiv Inc., a leading digital health company, has signed a five-year lease for a 16,962 square foot prebuilt on the 49th floor of One World Trade Center. Aaptiv is moving from their offices in NoMad. The prebuilt program at One World Trade Center commenced in 2014 and is currently 72% leased.

“We are excited to have Aaptiv join the One World Trade Center community,” said Jonathan (Jody) Durst, President of The Durst Organization. “Our prebuilt program has been a tremendous success over the past four years. We can offer tenants premium offices in a short period of time and flexible lease terms, which is requisite for rapidly growing companies.”

“We are excited to reach this next phase of growth. Only two years ago, Aaptiv did not have an office, so this is a proud milestone for our company,” said Ethan Agarwal, founder and CEO of Aaptiv. “Aaptiv is about bringing a world class wellness experience to our hundreds of thousands of members, and this additional office space will allow our team to continue to grow and execute more effectively.”

Aaptiv was represented by Executive Vice President Jason Schwartzenberg and Associate Will Stark of JLL. The landlord was represented by Senior Managing Director Eric Engelhardt of The Durst Organization and Tara Stacom, Justin Royce, Peter Trivelas, Barry Zeller and Connor B. Daugstrup of Cushman & Wakefield.

One World Trade Center’s 381,668 square foot prebuilt program occupies nine floors with suites ranging in size from 2,100 to 27,320 RSF. Twenty-nine tenants have joined the program. There are nine units remaining.

One World Trade Center sets new standards of design, construction, sustainability and beauty and heralds the revitalization of Lower Manhattan. Managed, operated, and leased by The Durst Organization, One World Trade Center is a center of innovation and creativity, and the most recognized office address in the world.

Aaptiv is a digital health company that provides unlimited access to audio-based fitness classes, programs, and challenges created by certified personal trainers. Aaptiv features workouts for cardio, strength, meditation and more, pairing trainers with amazing playlists for inspiring and effective music driven experiences. Headquartered in New York City, and launched in 2015, Aaptiv offers more than 2,500 classes on the platform. Twenty active trainers create classes, with 30+ new classes added every week. Each class is individually produced in a professional recording space, with state-of-the-art sound mixing technology powered by a talented sound engineering team. Today, Aaptiv is the top audio-based fitness app on the Apple App Store, and the fastest-growing mobile fitness product on the market. For more information, please visit www.aaptiv.com.

The Durst Organization, founded in 1915 by Joseph Durst, is the owner, manager and builder of 13 million square feet of premiere Manhattan office towers and 1,950 residential rental units with 3,400 in development. The Durst Organization is recognized as a world leader in the development of high-performance and environmentally advanced commercial and residential buildings. www.durst.org

Founded in 1921, the Port Authority of New York and New Jersey builds, operates, and maintains many of the most important transportation and trade infrastructure assets in the country. The agency’s network of aviation, ground, rail, and seaport facilities is among the busiest in the country, supports more than 550,000 regional jobs, and generates more than $23 billion in annual wages and $80 billion in annual economic activity. The Port Authority also owns and manages the 16-acre World Trade Center site, where the 1,776-foot-tall One World Trade Center is now the tallest skyscraper in the Western Hemisphere. The Port Authority receives no tax revenue from either the State of New York or New Jersey or from the City of New York. The agency raises the necessary funds for the improvement, construction or acquisition of its facilities primarily on its own credit. For more information, please visit http://www.panynj.gov.

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CONTACT: Jordan Barowitz

212/257-6605

Publication The Durst Organization
Date 2018-03-28
Author Jordan Barowitz