The Durst Organization has inked two new leases at its 1155 Avenue of the Americas property in Midtown Manhattan. The asking rent for the leased floors in the 790,000-square-foot office tower was $95 and $110 per square foot, according to the owner.
Blockchain company R3 signed a 10-year contract for roughly 17,300 square feet of office space on the 34th floor, relocating from its previous offices at 11 West 42nd Street. The second tenant is Check Point Software Technologies, which signed a five-year lease for 9,600 square feet of office space on the 25th floor. The company was previously located at 500 Fifth Avenue, near Bryant Park.
1155 Avenue of the Americas, New York City
The landlord was represented in-house by Tom Bow, Rocco Romeo and Tanya Grimaldo. Newmark Knight Frank’s Leo Paytas negotiated on behalf of R3, while Vicus Partners’ Waite Buckley represented Check Point.
The 41-story bulding’s tenant roster includes the likes of brokerage firm Keller Williams, accounting firm BKD, Take 2 Interactive and Indeed.com.
Built in 1984, the LEED Silver-certified 1155 Avenue of the Americas underwent $130 million in upgrades in 2017, coordinated by STUDIOS Architecture. The renovation consisted of improvements to the building’s lobby, elevators and dispatch controls, as well as an exclusive, 8,000-square-foot rooftop pavilion with a wrap-around terrace.
Throughout the tower’s facade, the owner also installed smart glass windows to conform with the Climate Mobilization Act. The new law requires owners of large buildings to meet carbon footprint standards and significantly improve building efficiency to avoid hefty fines.
