The Real Deal New York

Google, Scripps and Accenture eyeing Brookfield’s Manhattan West: report

Rents at the Hudson Yards development range up to $105 psf
April 05, 2017 01:10PM

Manhattan West development (Credit: Brookfield)

Brookfield Property Partners has a lot of space to fill at its Manhattan West development, and Google, Scripps and business management consultant Accenture are all reportedly considering leases at the megaproject.

It’s not clear which particular building the companies are considering, according to the New York Post. However, Brookfield still needs to fill 1.3 million square feet at the office tower at 1 Manhattan West. Rents at the building range up to $105 per square, according to the newspaper. Representatives for Brookfield and each of the companies would not confirm or deny whether the leases are likely to happen.

Late last year, the National Hockey League signed up for 160,000 square feet at 1 Manhattan West for 20 years. Brookfield agreed to install a seasonal skating rink with NHL branding. In 2015, law firm Skadden, Arps, Slate, Meagher & Flom became the anchor tenant at the $1 billion tower, taking 550,000 in a 20-year deal.

Whole Foods is considering taking 50,000 square feet at 5 Manhattan West, and Markit, a London-based financial data provider, inked a deal for 140,000 square feet at the building in 2015.

Brookfield’s five-building Manhattan West project also includes a 62-story, 844-unit residential tower called “the Eugene.” The Qatar Investment Authority acquired a 44 percent stake in the $8.6 billion Manhattan West in 2015. [NYP]Miriam Hall