AllianceBernstein nearing massive relocation deal at The Spiral

The investment firm would move its New York offices from Fisher Brothers’1345 Sixth Avenue

TRD New York /
Mar.March 11, 2019 03:10 PM

From left: renderings of From left: The Spiral at 66 Hudson Boulevard, Tishman Speyer CEO Rob Speyer, and AllianceBernstein CEO Seth Bernstein (Credit: Getty Images)

Investment giant AllianceBernstein is nearing a deal to to take 200,000 square feet at Tishman Speyer’s Hudson Yards development.

The investment firm – which is relocating its headquarters and 1,050 employees to Nashville – had been looking at Tishman’s The Spiral, along with Related Companies’ 50 Hudson Yards, to house its smaller staff.

However, it now appears Alliance has decided to move forward with The Spiral, according to Crain’s.

The firm currently leases 855,000 square feet at Fisher Brothers’ 1345 Sixth Avenue, where it previously held its headquarters.

Renderings of Tishman Speyer’s under-construction building, designed by Bjarke Ingels, show circular terraces that wind up the building, adding emphasis to green spaces.

If the deal pans out, AllianceBernstein will join pharmaceutical company Pfizer, which inked a 20-year-lease for 800,000 square feet at the building. [Crain’s] – David Jeans 


Related Articles

arrow_forward_ios

“I can talk about erections all day”: NAR tech consultant’s bizarre fireside chat

California passes landmark rent control law

Clockwise from the top left: Jackson Park at 28-40 Jackson Avenue, 240 Willoughby Street in Fort Greene, 664 Pacific Street in Brooklyn, and 247 Metropolitan Avenue in Williamsburg (Credit: StreetEasy, Google Maps, Pacific Park Brooklyn, The Pod Hotel)

These were the top 10 outer-borough loans last month

Jackson Park at 28-40 Jackson Avenue and Tishman Speyer's Rob Speyer (Credit: StreetEasy and Tishman Speyer)

Tishman Speyer locks in $1B in financing for Jackson Park

Council member Vanessa Gibson (Credit: New York City Council)

Commercial landlords face new fines as City Council passes anti-harassment bill

As House begins impeachment inquiry, here’s what we know about Trump’s Ukraine-real estate ties

Embattled Prodigy Network CEO Rodrigo Niño to step down

The Watchtower building at 25 Columbia Heights, CIM Group’s Shaul Kuba (right) and LIVWRK’s Asher Abehsera (Credit: Wikipedia, CIM Group, and LinkedIn)

JPMorgan leads $335M refi for CIM and LIVWRK’s Watchtower renovation

arrow_forward_ios