The Real Deal New York

Rafael Viñoly signs lease for new HQ at Sabey’s 375 Pearl

The architecture firm would occupy the 31st floor
By Meenal Vamburkar | July 09, 2018 06:00PM

375 Pearl Street (Credit: Tectonic)

Rafael Viñoly Architects signed a 20-year lease in the Financial District for its new headquarters.

The architecture firm will move to the 36,550-square-foot space at 375 Pearl Street in mid-2019, Sabey Data Center Properties said in a statement Monday.

Rafael Viñoly Architects plans to build out the 31st floor with a mezzanine and 500-square-foot outdoor terrace, according to the statement. The firm is relocating from 50 Vandam Street, where it was headquartered for 28 years.

The lease brings 375 Pearl Street’s office portion to 80 percent occupancy. Most of the remaining space is occupied by data center users.

CBRE’s Rob Stillman and Gerry Friedman represented the tenant. Gregg Rothkin and Gerry Miovski, also of CBRE, represented Sabey Data Centers.

Last year, the city’s Human Resources Administration signed a lease for nearly 200,000 square feet at the former Verizon building. Sabey also signed the city’s Department of Finance to more than 180,000 square feet in the building, right above the HRA space.

The architecture firm designed 432 Park Avenue and is also designing 249 East 62nd Street, a “Jetsons”-style Upper East Side building that will have residential-and-retail space.