MIC Network Signs 36 KSF Lease at One World Trade Center

By Keith Loria, Contributing Editor

One World Trade Center, New York

New York—Mic Network has signed a 36,000-square-foot lease for the entire 82nd floor of One World Trade Center with the Durst Organization and The Port Authority of New York and New Jersey.

Mic, a media company providing original stories, analysis, and high-quality video largely geared toward millennial audiences, will move its headquarters from 325 Hudson St.

“We’re thrilled to be moving Mic’s headquarters into such an important New York City landmark,” Dan Figenshu, Mic senior vice president of finance, said in a prepared release. “One World Trade is a symbol of the reinvigoration of Downtown Manhattan and we’re honored and excited to be a part of the building that represents the future.”

In 2015, the 1,776-foot-tall One World Trade Center reached a milestone of two million square feet of leased office space since its opening in November 2014. With the lease agreement, the tallest building in the Western Hemisphere is now 67 percent leased.

“With the arrival of this fast-growing media company, One World Center’s tenant base continues to mirror the diversity of firms populating Lower Manhattan today,” Eric Engelhardt, The Durst Organization vice president of leasing for One World Trade Center, said in the release. “One World Trade Center offers work settings that inspire creativity, leading Downtown’s transformation into a dynamic center for a spectrum of emerging and well-established businesses alike.”

The building’s roster of 26 tenants consists of businesses in such sectors as media, technology, financial services, advertising and biotechnology, including global publishing giant Condé Nast; The General Services Administration; High 5 Games; xAd and Moody’s.

The Durst Organization was represented in-house on the transaction by Engelhardt and by Cushman & Wakefield. MIC was represented by Transwestern’s New York House.

“Mic’s dynamic character is a perfect match for the spirit and high energy of tenants taking space at this world-famous tower,” Tara Stacom, Cushman & Wakefield executive vice chairman, said in the release. “This company has rapidly made its mark in contemporary journalism, and it will fit well with the growing number of media companies that have been establishing operations in Lower Manhattan in recent years.”