1 Planet Trade Center thrives with diverse tenant roster

Steve Cuozzo


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1 Planet Trade Center, which fortunately is much less recognized as the “Freedom Tower” than it was a handful of years ago, continues to thrive in a challenged downtown industry.

The skyscraper’s 3 million square feet are 95% leased.

With possibly much more activity than any other Reduce Manhattan tower, it has noticed 70 transactions because the start out of 2020, accounting for 1.two million square feet.

1 Planet Trade Center’s 3 million square feet are 95% leased.Getty Photos/iStockphoto

The tenant roster is increasingly diverse. Very best recognized for Condé Nast’s 1.two million square-foot headquarters, roughly 76% of the creating is leased to TAMI firms (tech, marketing, media and information and facts).

The most current signings are of various sorts.

Tech enterprise The Levin Group took 13,000 square feet in a new lease in the very first quarter digital ad firm Undertone expanded by 9,500 sf in the fourth quarter of 2022 and true estate investment outfit Group RMC extended on six,500 sf also in the fourth quarter.

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