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New York & Tri-State  + Downtown New York  + Office  |  September 28, 2022
Law firm Crowell & Moring LLP will occupy approximately 71,000 square feet in a relocation to Brookfield Properties’ Two Manhattan West
Paul Bubny
By: Paul Bubny

D.E. Shaw Takes 283K SF, Brings Two Manhattan West to 76% Leased

Hedge fund D.E. Shaw & Co. has signed a lease at Brookfield Properties’ Two Manhattan West, spanning roughly 283,000 square feet, Bloomberg News reported. The firm plans to move to the new skyscraper in 2024, relocating from 1166 Ave. of the Americas, where it reportedly occupies about 200,000 square feet. 

The lease brings Two Manhattan West to 76% leased and comes five weeks after KPMG committed to a 456,000-square-foot headquarters space at Two Manhattan West, consolidating from three locations in Midtown Manhattan in what is reportedly the city’s largest office lease this year. It also underscores a flight to quality via relocation to new or renovated developments, reported Bloomberg. 

D.E. Shaw, which has more than $60 billion in assets under management, was represented by CBRE’s Timothy Dempsey, Roger P. Griswold Jr., Munish Viralam and Marlee Teplitzky. Brookfield’s Duncan McCuaig led an in-house leasing team.  

Read More News Stories About: Brookfield Properties, CBRE
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Inside The Story

CBRE's Dempsey

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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