CELONIS TAKES FLOOR AT ONE WORLD TRADE CENTER

The Durst Organization and The Port Authority of New York and New Jersey today announced that Celonis, Inc. has signed a seven-and-a-half-year lease for 34,328 square feet on the entire 87th floor of One World Trade Center. Celonis is moving their U.S. headquarters downtown from 119 West 40th Street.

“One World Trade Center is an iconic figure in the New York City skyline, and we could not be more excited about Celonis sitting in the heart of a growing, thriving community,” Celonis Head of Global Workplaces Ric Evans said. “We are confident that the world-class facilities at One World Trade will be a welcoming home to our rapidly expanding workforce and our ever-growing US customer base.”

“We are thrilled to add Celonis to the tenant roster at One World Trade Center,” said Jonathan (Jody) Durst, President of The Durst Organization. “Over 85 percent of the building is now leased. The building continuously attracts new tenants to the property, and due to the flexible prebuilt program, many of the innovative tenants whom we welcomed just a few years ago have already expanded and grown within the building.”

Celonis was represented by Kirill Azotsev, Calum Waddell and Seth Godnick of JLL. The landlord was represented by Senior Managing Director Eric Engelhardt and Managing Director Karen Kuznick of The Durst Organization and the Newmark Knight Frank team of David Falk, Jason Greenstein, Peter Shimkin, Hal Stein and Travis Wilson.

Celonis, the market leader in AI-enhanced Process Mining and Process Excellence software, transforms data into insight and action. Its Intelligent Business Cloud allows organizations to rapidly understand and improve the operational backbone of their businesses. Companies around the world including Siemens, 3M, Airbus and Vodafone rely on Celonis to guide action and drive change to business processes, resulting in millions of dollars of cost savings and improved customer experiences.

Dominating the Lower Manhattan skyline, One World Trade Center is the tallest building in the Western Hemisphere and home to the largest community of media and tech innovators. The 3.1 million-square-foot LEED Gold Certified skyscraper features premier office space and some of the most spectacular views in the world.

The state-of-the-art architectural, environmental, and structural enhancements of One World Trade Center incorporate the latest technologies and innovations at the cutting edge of efficient skyscraper design. On the 64th floor, One World Commons offers 25,000 square feet of outstanding tenant amenities including a world-class business and social hub fostering workplace creativity, collaboration, and community.

Built by The Port Authority of New York and New Jersey and The Durst Organization in a unique public-private partnership, One World Trade Center sets a new standard of design, construction, and prestige. Bringing a wealth of private sector experience to One World Trade Center, The Durst Organization is responsible for marketing, leasing, and managing the property.

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 over three million square feet of residential rental properties with 2,500 rental residences built, and over 3,500 rental residences in the pipeline. 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] (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] (http://www.panynj.gov).