KKR has nearly doubled its footprint at Related's flagship tower at 30 Hudson Yards, absorbing 220K SF of office space that Meta Platforms declined to renew.
KKR already occupied more than 300K SF at 30 Hudson Yards, including the firm's headquarters on the top 10 floors, when Meta announced early last month that it was declining an option to renew its lease at 30 Hudson Yards and a smaller lease at 55 Hudson Yards when both leases expire in 2024.
In 2021, KKR bought a majority stake in the top of the new tower—including an observation deck known as The Edge that juts out of the top of the spire—for more than $500M.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 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.