Think tank Human Condition signs at RXR’s 61 Broadway 

Startup borne from a WeWork space takes full floor at 790K sf FiDi tower 

TRD New York /
Dec.December 17, 2015 02:20 PM

Human Condition Global, a self-described “think-and-do” tank that WeWork named one of its hottest young companies, is trading its Financial District co-working digs for 25,000 square feet at RXR Realty’s 61 Broadway.

The consulting firm, founded in 2007 by CEO Peter Raymond, signed a lease for nearly 25,000 square feet on the full 31st floor of the 33-story tower, according to sources. The asking rent for the space is $54 per square foot, sources said.

When Human Condition relocates from its current headquarters at WeWork’s 222 Broadway location it will join tenants at 61 Broadway such as Bjarke Ingels Group and financial firm Samuel A. Ramirez & Co. at 61 Broadway.

A representative for Human Condition declined to comment on the deal.

Earlier this year, a subsidiary of the company that develops wearable technology designed to prevent job-site construction injuries won the judge’s choice award at WeWork’s Demo Day.

RXR is selling a minority stake in the 790,000-square-foot office building to an unidentified offshore investor, in a deal valuing the property at $440 million.


Related Articles

arrow_forward_ios
Wendy Silverstein (Credit: Getty Images)

Wendy Silverstein, co-head of WeWork’s real-estate fund, is out

WeWork CEO Adam Neumann (Credit: Getty Images and iStock)

WeWork’s side businesses are fizzling

Sarah Pontius (Credit: Union College)

Another head rolls at WeWork

Softbank CEO Masayoshi Son and Goldman Sachs CEO David Solomon (Credit: Getty Images)

Goldman Sachs will lead Phase II of SoftBank’s WeWork rescue plan

Hidrock CEO Abraham Hidary and 72 Nassau Street (Credit: Hidrock and Google Maps)

Hidrock buys FiDi dev site from former Helmsley partner

Newable Flexible Workspace's Brett Million and Serendipity Labs CEO John Arenas

As co-working firms leave London, a new arriver plans to make a splash

Amazon CEO Jeff Bezos and RXR CEO Scott Rechler with 56-19 Grand Avenue in Queens (Credit: Getty Images, Google Maps)

Amazon nears lease at RXR’s Queens warehouse development

Daily Digest Thursday

WeWork’s Dock 72 location off to slow start, Keller Williams product chief is out

arrow_forward_ios