“The ReadyMass 100 portfolio sends a concrete message to the marketplace that Massachusetts can meet the real estate needs of growing companies in all parts of the state," says Susan Houston, executive director of MassEcon.
The 1.25-million-square-foot officer tower located at the North Passageway of Grand Central Terminal is currently 97% leased. The property underwent a $150-million capital improvement program that featured the redesign and renovation of the building's facade and interior.
Breather, which operates more than 450 spaces in 10 cities in the US, Canada and the United Kingdom, signed a five-year lease at 220 Fifth Ave. and will be occupying a part of the third floor in the fall of this year.
According to a report by New York City Comptroller Scott M. Stringer, the city economy grew at a 3.3% clip in the second quarter of this year as compared to the 1.5% rate posted in the second quarter of 2016.
Pfizer is considering leasing approximately 800,000-square-feet at the 2.85-million-square-foot tower building at 66 Hudson Blvd., according to multiple reports.
Gov. Cuomo stressed that the $3.9-billion project being developed by the consortium Tappan Zee Constructors under a Design-Build contract is on time and on budget. The entire project is expected to be completed sometime in 2018.
Responses to the RFP are due in October and construction on the project could begin as early as November with a substantial completion date that will coincide with the opening of the 2018 State Fair.
“We have been contacted by multiple brands in the last 24 hours that are looking to engage again,” Prendamano says. “This is not an insignificant thing.” He adds, “It opens the floodgates” to dozens of new potential tenants.