One World Trade Center signs 200K sf deal with marketing firm MDC

Tower is now 93% leased

Feb.February 27, 2020 06:43 PM
MDC Partners CEO Mark Penn and 1 World Trade Center

MDC Partners CEO Mark Penn and 1 World Trade Center

MDC Partners, a holding company for some of the world’s biggest marketing and communications firms, has just signed a massive lease at One World Trade Center, in a deal that takes the skyscraper close to full occupancy.

MDC is taking just shy of 200,000 square feet at the Durst Organization and Port Authority’s 2.9 million-square-foot tower, boosting the building’s occupancy rate to 93 percent, the New York Post reported. The company, which controls firms such as Bruce Mau Design, 72andSunny and Anomaly, will become the tower’s third-largest tenant, after Conde Nast and GSA.

Eric Engelhardt and Karen Kuznick represented the Durst Organization in-house, along with a Newmark Knight Frank team led by David Falk, according to the newspaper. A JLL team led by Peter Riguardi represented JLL. Asking rent for the space, which spans floors 64 to 69, was $69 a foot. [NYP] — TRD Staff

Related Articles

(Image by Wolfgang & Hite via Dezeen)

Hudson Yards megadevelopment inspires a new line of sex toys

Cammeby's International Group founder Rubin Schron and, from top: 194-05 67th Avenue, 189-15 73rd Avenue and 64-05 186th Lane (Credit: Google Maps)

Ruby Schron lands $500M refi for sprawling Queens apartment portfolio

Wendy Silverstein (Credit: Getty Images)

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

81 Prospect Street at Dumbo Heights (Credit: Google Maps)

WeWork shuts Brooklyn location after employee gets Covid-19

From top: the Mondrian Oriental, Soho House and Colony Club (Credit: Google Maps, iStock)

A stunning 7,300 Covid-related layoffs in two days reported to state

Bernie Sanders (Credit: MANDEL NGAN/AFP via Getty Images)

Bernie Sanders calls for rent, mortgage freeze

PVH CEO Emanuel Chirico and Macy's CEO Jeffrey Gennette (Chirico by Lars Ronbog/Getty Images for Copenhagen Fashion Summit; Gennette by Mireya Acierto/WireImage)

Nation’s biggest department stores could run out of funds in a month: Goldman Sachs

New York Community Bank CEO and president Joseph Ficalora (Credit: Facebook)

Top multifamily lender lays out the terms of relief for landlords