NEW YORK CITY- Tishman Speyer is developing 630,000-square-feet of creative offices under a 99-year ground lease agreement with the United States Postal Service in the Morgan North Postal Facility in Manhattan's West Chelsea district.
In the definitive agreement, Tishman will renovate the top six floors of the 10-story art deco building that takes a full city block from Ninth to Tenth Avenue and 29th to 30th Streets. Also, Tishman will build out 5,100 square feet of street-level retail on Ninth Avenue. Construction is dated to start in late 2020, with completion anticipated in mid-2022.
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