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New York & Tri-State  + Downtown New York  + Office  |  April 5, 2019
One World Trade Center is now 95% occupied, the highest level in its history, with an expansion by Celonis
Paul Bubny
By: Paul Bubny

JLL Arranges 94k SF of Subleases at 1 WTC

JLL has completed two new subleases totaling 94,179 square feet on behalf of Condé Nast at One World Trade Center. Ennead Architects LLP subleased 47,252 square feet and Ambac Financial Group Inc. signed for 46,927 square feet, to occupy the 3.5-million-square-foot office tower’s 40th and 41st floors, respectively.

Condé Nast was represented by JLL’s Peter Riguardi, Joseph Messina, Steven Rotter, Jessica Berkey, Andrew Coe and Brett Harvey. The firm was tapped by Condé Nast last year to sublease up to 350,000 of its one million square feet at 1WTC.

Ennead Architects was represented by Savills’ John Johnson Jr. and Nicholas Farmakis. Ambac was advised by CBRE’s Michael Monahan and Adam Foster.

“We have seen a great deal of interest in Condé Nast’s offices at One World Trade Center,” said Rotter. “The company is offering one of the best blocks of creative space available in Lower Manhattan in an iconic building.”

For comments, questions or concerns, please contact Paul Bubny

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).
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