Related Cos. Inks 72 KSF Manhattan Lease
A hospitality and flex office brand will occupy an entire floor at 30 Hudson Yards.
Convene has signed a 72,000-square-foot lease at 30 Hudson Yards, the 101-story Class A+ office tower in Manhattan. CBRE brokered the deal on behalf of both parties.
The skyscraper has multiple owners, including Time Warner Inc., which owns 1.5 million square feet, KKR, Wells Fargo Securities, DNB, Oxford Properties Group and Related Cos. All ownership partners have offices at the property.
Convene will fully occupy the 24th floor at the 2.6 million-square-foot high-rise, where it will open a new experiential event venue. The hospitality and flex office brand also leased 2,770 square feet of retail space at the ground-floor level, which will serve as a dedicated lobby and welcoming area.
READ ALSO: Tenants Are Leasing More Office Space in Prime Buildings
Dubbed Convene 30 Hudson Yards, the event space will include 10 customable venues configured to serve multiple functions, a grand hall with the capacity of up to 780 guests and a gallery. The location will have the capacity to host nearly 1,500 guests and is set to open next summer.
A Midtown skyscraper
Rising at 500 W. 33rd St., 30 Hudson Yards came online in 2019. The skyscraper features 30 passenger elevators and floorplates ranging between 30,000 and 70,000 square feet, according to CommercialEdge. Kohn Pedersen Fox Associates designed the 1,296-foot tower, which was the second-tallest building in New York City at the time of its topping out in 2018.
Amenities include outdoor terraces and direct access to the subway lines. The LEED Gold-certified property is home to The Edge, an outdoor observation deck, and to the City Climb at Edge, an outdoor staircase allowing visitors to ascend to the top floor. The skyscraper is in Midtown Manhattan and 30 miles from John F. Kennedy International Airport.
CBRE Executive Vice President Rocco Laginestra represented Convene while Chairman Robert Alexander negotiated on behalf of the landlord. In addition, Senior Associate Elliot Karp and Senior Vice President Stephen Winter with Related Cos. represented the ownership.
You must be logged in to post a comment.