Architecture Firm Relocates to 65,000 SF

NEW YORK CITY-Architecture firm Kohn Pedersen Fox Associates PC is relocating its city headquarters and has signed a long-term lease for approximately 65,000 sf over three floors at 11 W. 42nd St. The class A office tower is located in the Bryant Park section of Midtown Manhattan.

Asking rents at the property owned by Tishman Speyer are $67 per sf. The firm leased on a direct basis part of the eighth and the entire ninth floor totaling 43,000 sf and subleased 22,000 sf on part the 18th floor in the 32-story building.

The firm will begin its move later this year from its current local headquarters location at 111 W. 57th St. Next year all of its current 300 employees based here will be relocated to 11 W. 42nd St.