Search
 

MetLife Taking 600,000 SF in Verizon Building

NEW YORK CITY-Industry sources have confirmed that MetLife is securing 600,000 sf at 1095 Ave. of the Americas and could close as early as late summer.

By Tom Sosnowski | Updated on August 15, 2006

NEW YORK CITY-Insurer MetLife is leasing 600,000 sf at 1095 Ave. of the Americas, industry sources have confirmed to GlobeSt.com. The building, also known as the Verizon Building, is 80% (1.03 million sf) owned by Equity Office Properties Trust of Chicago, which purchased the property for $505 million in October.

EOP owns more than 590 buildings and 105 million sf of space nationwide. At 1095, Verizon owns about 20%, or 200,000 sf of the building.

According to online data, each floor of the 41-story building, located on the corner of 42nd Street, contains about 34,000 sf. Therefore, MetLife could occupy nearly 20 floors of the building.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2025 ALM Global, LLC. All Rights Reserved.