NEW YORK CITY—Downtown strikes again.
GlobeSt.com has confirmed that Credit rating service Moody's has inked a 75,000-square-foot lease, spread over two floors, at One World Trade Center. Asking rent in the agreement was $69 per square foot, according to the New York Post.
Cushman & Wakefield's John Cefaly and Gus Field represented Moody's. It was unclear at press time who represented the building owner, the Port Authority of New York & New Jersey. The iconic asset is managed by the Durst Organization, which also handles leasing at the property.
The Moody's lease has to come as a welcome reprieve for the owners from a season of light leasing, the Post notes. It's the largest agreement to date there since High 5 Gamestook 87,600 square feet in November 2014. The building also is home to Condé Nast. The Moody's lease brings 1 WTC to about 66% occupancy.
At 1,776 feet tall, One World Trade Center is the tallest building in the Western Hemisphere. It features three million square feet of Class A office space.
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Rayna Katz
Rayna Katz is a seasoned business journalist whose extensive experience includes coverage of the lodging sector, travel and the culinary space. She was most recently content director for a business-to-business publisher, overseeing four publications. While at Meeting News, a travel trade publication, she received a Best Reporting award for a story on meeting cancellations in New Orleans during Hurricane Katrina.
