The Real Deal New York

ING may be eyeing large space at Durst’s 1133 Sixth Avenue

45-story Midtown office tower formerly housed IRS offices

October 07, 2015 03:25PM

1133 Sixth Avenue

Douglas Durst (credit: Billy Farrell Agency) and 1133 Sixth Avenue in Midtown

Dutch banking giant ING may be taking considerable space at the Durst Organization’s 1133 Sixth Avenue.

CoStar shows about 230,000 square feet in pending deals at the 45-story, 1.1 million-square-foot Midtown office tower, which formerly housed Internal Revenue Service offices and will soon accommodate the National Basketball Players Association.

ING is reportedly taking much, if not all, of the 230,000 square feet. The bank currently has around 150,000 square feet at Paramount Group’s 1325 Sixth Avenue.

Amazon was poised to take space at 1133 Sixth Avenue before opting instead to sign on for 400,000 square feet at Vornado Realty Trust’s 7 West 34th Street. Durst filed a $25 million lawsuit against the retailer over the failed deal earlier this year. The NBPA is moving into the office tower, however, having recently sealed a 21-plus-year lease for 47,000 square feet at 1133 Sixth Avenue.

Meanwhile, Durst Organization chair Douglas Durst says the firm is “very active at 4 Times Square,” according to the New York Post. The building has a massive 800,000 square feet available due to Conde Nast’s move to 1 World Trade Center and law firm Skadden Arps’ pending relocation to Brookfield Property Partners’ 1 Manhattan West.

Durst executive Tom Bow said last month that the company had received “enough proposals to fill 150 percent” of Conde Nast’s vacant space at 4 Times Square. [NYP, 1st]Rey Mashayekhi