Macerich to Relocate NYC Office to Full Floor at The Durst Organization's 825 Third Avenue

National real estate investment trust takes 12,000 SF in newly renovated Midtown tower

New York, NY (June 18, 2025) – The Durst Organization today announced that Macerich signed a lease for 12,000 square feet at 825 Third Avenue. Macerich will relocate its Manhattan operations from Fifth Avenue to the 33rd floor of the recently repositioned 40-story tower. This lease at the LEED Gold-certified 825 Third Avenue continues strong momentum following the building’s $150 million renovation.

“Macerich joins an esteemed and growing roster of firms who have moved to 825 Third Avenue looking for a modern, sustainable workplace and convenient amenities including our retailers and indoor-outdoor Well& by Durst amenity space that act as an extension of their office,” said Jody Durst, President of The Durst Organization.

Macerich is one of the nation’s leading owners, operators, and developers of top retail destinations in major U.S. markets.

“We are pleased to announce our move to an entire floor on Third Avenue, right in the heart of Manhattan. This location offers convenient access to our mall center properties across the New York City area and places us near many of the world’s top fashion retailers,” said Olivia Bartel Leigh, Executive Vice President, Portfolio Operations and People, Macerich. “With state-of-the-art amenities and a vibrant, collaborative environment, our New York team couldn’t be more excited to call this space home.”

The recent renovation of 825 Third Avenue focused on performance, tenant comfort, modern aesthetics, and sustainability:

• Exclusive Tenant Amenity Space: Well& by Durst at 825 Third sets a new standard, with a uniquely curated indoor-outdoor experience. The tenant amenity space seamlessly blends indoors and out for informal gatherings, meetings, and socializing.

• New Public Open Space: Durst beautified 4,000 square feet of public open space along Third Avenue and East 50th Street with new plantings, public seating, bike racks, and lighting.
• Updated Lobby: Elegantly modern entrance and lobby featuring white onyx and concrete combined with white oak and perforated metal.

• Dynamic View Glass Windows: 825 Third Avenue is among the first office buildings in Manhattan to offer windows that use artificial intelligence to automatically adjust and tint throughout the day to reduce glare, mitigate direct sun, and control heat gain. The result is light-filled interiors where blinds are never needed.

• Replacement and Modernization of Systems: The new HVAC, electrical, plumbing, life safety, and building management systems enhance the building’s appearance and operating efficiency.

• Green Building Materials and Methods: The LEED Gold certified 825 Third Avenue is engineered for sustainability through the use of green building materials, modern construction methods, and highly efficient operational standards.

• Pre-built and DurstReady Suites: Due to demand, Durst is building out additional pre-built and DurstReady suites at 825 Third Avenue. DurstReady merges the convenience of turnkey private office spaces with the esteemed service, reputation, and dependability of a century-old, family-operated real estate enterprise. The move-in ready private offices with flexible lease terms are meticulously designed and fully wired for immediate use.

Office tenants at 825 Third Avenue include Edward Jones, Allied Irish Banks, Dimension Energy, Stark Office Suites, Beveridge & Diamond, Gotham Asset Management, Liminal Strategy Partners, Toyota Tsusho America Inc., National Bank of Egypt, Genius Sports, and Hodes Weill & Associates. Retailers include Rosemary’s restaurant and Bespoke Physical Therapy. Durst recently signed leases for two new fast casual eateries – Madras Dosa and Naya – which will open next door to 825 Third Avenue.

The Durst Organization was represented in house by Tom Bow, Ashlea Aaron, Bailey Caliban, and Sayo Kamara. Macerich was represented by Gordon Ogden and James Hart of Bradford Allen.