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7 World Trade Center

7 World Trade Center
New York, NY 10007
(212) 490-0666
Website
Office, Retail, Leasing/Rental

Real estate mogul Larry Silversteins 52-story office tower, built on the site of one of the buildings destroyed in the Sept. 11, 2001 terrorist attacks, was completed in 2006 and offers about 1.7 million square feet of office and retail space. Permasteelisa Group, which produced the towers glassy curtain wall, took 13,000 square feet on the 32nd floor in a March 2015 sublease, paying rents starting at $60 a square foot. Credit rating firm Moodys is the largest tenant, with more than 800,000 square feet.

Originally built for $670 million, the building was valued at about $940 million in March 2012, when Silverstein refinanced it. The deal included $452 million in tax-exempt debt, and Silverstein took out $65 million in cash. -NE

  • minimum ppf $ 60
  • Year Built 2003
  • square feet 1,700,000
  • block and lot 1-00084-0036
  • BIN 1086510
  • Event Office Leasing
  • Address 7 World Trade Center
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 30,000
  • Price per foot $ 80.00
notes
The wedding startup signed a 11-year lease for the Financial District space which had an asking rent of $80 per square foot.
  • Event Office Leasing
  • Address 7 World Trade Center
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 61,390
notes
The music rights manager signed a 16-year lease for the Financial District building.
  • Event Office Leasing
  • Address 7 World Trade Center
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 6,947
notes
The children-focused consulting firm renewed its lease for part of the 46th floor at the Tribeca building.
  • Event Office Leasing
  • Address 7 World Trade Center
  • Neighborhood Lower Manhattan
  • Borough Manhattan
  • Square feet 27,199
  • Publication Date 07/01/2016
  • Event Date 05/15/2016
  • Party 1 FXDD
  • Party 1 Brokerage Savills Studley
  • Party 1 Broker Scott Weiss
  • Party 2 Ipsoft
  • Party 2 Brokerage Cushman & Wakefield
  • Party 2 Broker Rob Lowe
notes
The artificial intelligence company signed a sublease.
  • Event Office Leasing
  • Address 7 World Trade Center
  • Neighborhood Tribeca
  • Borough Manhattan
  • Square feet 5,168
notes
The company signed a lease.
  • Event Office Leasing
  • Address 7 World Trade Center
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 13,000
  • Event Office Leasing
  • Address 7 World Trade Center
  • Neighborhood Tribeca
  • Borough Manhattan
  • Square feet 125,000
notes
The provider of investment decision support tools signed a 20-year lease for floors 47 through 49. The company is relocating from smaller offices at One Chase Plaza and 88 Pine Street, the New York Post reported. The building is now 100 percent occupied.
  • Event Office Leasing
  • Address 7 World Trade Center
  • Neighborhood Tribeca
  • Borough Manhattan
  • Square feet 32,000
  • Publication Date 10/01/2011
  • Event Date 08/22/2011
  • Party 1 Silverstein Properties
  • Party 2 Freedom Specialty Insurance Company
notes
The Scottsdale Insurance subsidiary signed an expansion lease.
  • Event Office Leasing
  • Address 7 World Trade Center
  • Neighborhood Tribeca
  • Borough Manhattan
  • Square feet 4,874
notes
The business and cultural facility signed a 13-year sublease.
  • Event Office Leasing
  • Address 7 World Trade Center
  • Neighborhood Tribeca
  • Borough Manhattan
  • Square feet 4,022
notes
The health research and education firm signed a one-year sublease.
  • Event Office Leasing
  • Address 7 World Trade Center
  • Neighborhood Tribeca
  • Borough Manhattan
  • Square feet 40,717
  • Price per foot $ 65.00
  • Publication Date 01/01/2010
  • Event Date 11/22/2009
  • Party 1 ABN AMRO Bank
  • Party 1 Brokerage Grubb & Ellis
  • Party 1 Broker Joseph Harkins, Barry Lewen
  • Party 2 FXDD
  • Party 2 Brokerage Grubb & Ellis
  • Party 2 Broker Hank Walker
notes
The currency trading firm inked a 13-year sublease for the entire 32nd floor. Silverstein Properties owns the building.
  • Event Office Leasing
  • Address 7 World Trade Center
  • Neighborhood Tribeca
  • Borough Manhattan
  • Square feet 23,940
notes
The financial services firm inked a 12-year sublease.
  • Event Office Leasing
  • Address 7 World Trade Center
  • Neighborhood Tribeca
  • Borough Manhattan
  • Square feet 40,717
  • Publication Date 12/01/2009
  • Event Date 10/22/2009
  • Party 1 ABN AMRO Bank
  • Party 1 Brokerage Grubb & Ellis
  • Party 1 Broker Joseph Harkins, Barry Lewen, Sean Fay
  • Party 2 FX Direct Dealer
  • Party 2 Brokerage Grubb & Ellis
  • Party 2 Broker Hank Walker
notes
The software and trading platforms provider signed a 13-year sublease.
  • Event Office Leasing
  • Address 7 World Trade Center
  • Neighborhood Tribeca
  • Borough Manhattan
  • Square feet 58,000
notes
The music licensing company subleased space on the 30th and 31st floors. The tenant is relocating from 320 West 57th Street. The sublandlord, ABN Amro, leased 140,000 square feet at the tower three years ago but never moved in.
  • Event Office Leasing
  • Address 7 World Trade Center
  • Neighborhood Tribeca
  • Borough Manhattan
  • Square feet 17,000
  • Publication Date 08/01/2009
  • Event Date 06/22/2009
  • Party 1 ABN AMRO Bank
  • Party 2 Generali
notes
The Italian insurance company subleased space.
  • Event Office Leasing
  • Address 7 World Trade Center
  • Neighborhood Tribeca
  • Borough Manhattan
  • Square feet 7,800
  • Price per foot $ 75.00
notes
The trading firm signed a new seven-year lease to relocate its offices to part of the 33rd floor. The company is currently located at 99 Wall Street, where it plans to move out of a 2,000-square-foot space this month.
  • Event Office Leasing
  • Address 7 World Trade Center
  • Neighborhood Tribeca
  • Borough Manhattan
  • Square feet 129,000
notes
The German bank inked a 15-year lease for floors 50 through 52, the top three floors of the tower. The company is relocating from its existing offices at 1211 Sixth Avenue.
  • Event Office Leasing
  • Address 7 World Trade Center
  • Neighborhood Tribeca
  • Borough Manhattan
  • Square feet 40,000
  • Price per foot $ 70.00
notes
The advertising firm signed a lease for the entire 37th floor. The tower now has 11 full-floor spaces available for rent.
  • Event Office Leasing
  • Address 7 World Trade Center
  • Neighborhood Tribeca
  • Borough Manhattan
  • Square feet 40,000
  • Price per foot $ 70.00
notes
The global technology solutions provider took the entire 35th floor, which will house 200 employees and will include executive offices and an executive briefing center.
  • Event Office Leasing
  • Address 7 World Trade Center
  • Neighborhood Tribeca
  • Borough Manhattan
  • Square feet 14,000
  • Price per foot $ 75.00
notes
The law firm signed an eight-year lease for space on the 34th floor in a relocation from 7,000 square feet at 530 Fifth Avenue.
  • Event Office Leasing
  • Address 7 World Trade Center
  • Neighborhood Tribeca
  • Borough Manhattan
  • Square feet 80,000
notes
The financial services firm took an additional two floors in the building, increasing its total commitment to 670,000 square feet. Moody's is expected to begin moving in this summer.
  • Event Office Leasing
  • Address 7 World Trade Center
  • Neighborhood Tribeca
  • Borough Manhattan
  • Square feet 8,568
notes
The New York Mercantile Exchange member took space on the 34th floor.
  • Event Office Leasing
  • Address 7 World Trade Center
  • Neighborhood Tribeca
  • Borough Manhattan
  • Square feet 140,000
notes
The Dutch banking giant signed a 15-year lease to occupy space on floors 30 to 33. It will move 500 employees from Midtown in late 2007 or early 2008. The lease includes the option to expand by 20,000 square feet in the first quarter of 2007, and by another 20,000 square feet within six to eight years.
  • Event Office Leasing
  • Address 7 World Trade Center
  • Neighborhood Tribeca
  • Borough Manhattan
  • Square feet 80,000
notes
The intellectual property lawyers, which had been located at 805 Third Avenue for 17 years, inked a 15-year lease for space on floors 41 and 42 of the 52-story property. They will relocate their 200 employees in spring 2007.
  • Event Office Leasing
  • Address 7 World Trade Center
  • Neighborhood Tribeca
  • Borough Manhattan
  • Square feet 600,000
notes
The financial services firm inked a long-term lease for floors 13 through 27. Moody's, which presently occupies nearly 300,000 square feet around the corner at 99 Church Street, will move into 7 World Trade Center by next September.
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12/30/2011
Brokers listed approximately 147,000 square feet of Class A office space at 399 Park Avenue with an asking rent of $99 per foot, which WilmerHale is vacating. The firm signed a lease in April 2011 for 210,841 square feet at 7 World Trade Center, according to CoStar Group...

06/30/2011
The Downtown market was the only market to see asking rents decline in the second quarter, but they fell in part because of expensive space at 7 World Trade Center, which had some of the top rents in the market, being taken off the market, Sammons said...

05/31/2011
The discount between asking rents Downtown and in Midtown makes the move attractive, Picco said, noting recent deals like law firm WilmerHale at 7 World Trade Center, and American Media at 4 New York Plaza...

05/02/2011
Showing the renewed strength in the market, Silverstein’s five-year-old 7 World Trade Center lured the law firm WilmerHale, which was shut out of Midtown’s Worldwide Plaza, to lease 210,000 square feet...

11/20/2007
Midtown South's enduring appeal, though, goes beyond its bargain allure - Downtown, after all, is cheaper - to what else it offers companies. It's close to the major Midtown transit hubs of both Times Square and Grand Central as well as its own Penn Station. Plus, large chunks of vacant office space are rapidly dwindling in Midtown and Downtown. At the start of 2005, according to a third quarter market report from Cushman & Wakefield, 23 Class A spaces greater than 200,000 square feet were on the market in Midtown; by October, only 10 remained. In Downtown, absent the mostly vacant 7 World Trade Center, three blocks of Class A space greater than 200,000 square feet were available by October...

10/31/2007
Otherwise, leases in July were smaller. Publisher Mansueto Ventures signed a 40,000-square-foot lease in 7 World Trade Center and Adelphi University committed to a 36,000-square-foot expansion at One Hudson Square...

10/29/2007
Moody's Investors Service took 589,945 square feet in 7 World Trade Center, and the city's Department of Transportation leased 429,258 square feet in 55 Water Street...

10/01/2006
And, in the biggest office lease inked in Downtown since September 11, both sides of the deal were represented by the two biggest firms by broker. Cushman & Wakefield represented Moody's Investors Service in its lease last month of 600,000 square feet at 7 World Trade Center, where the leasing agent is CBRE...

02/01/2006
The seller in the East 63rd Street sale was represented by four commercial real estate brokers at CB Richard Ellis, who also worked to relocate the Academy's offices to 7 World Trade Center...