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New York & Tri-State  + Midtown New York  + Office  | 

Acuity Knowledge Partners Relocates Manhattan Office to Vornado’s PENN 1

Cresa arranged a lease for 6,495 square feet at Vornado Realty Trust’s PENN 1 for Acuity Knowledge Partners, a global provider of research and analytics services to the financial services industry. The lease runs for seven years.

The relocation to PENN 1 occurs amid significant growth for Acuity, following a recent acquisition in the data automation space and expansion of its client base. The company now serves more than 500 firms in sectors such as banking, asset management, private equity and consulting.

“Our client elected to move their Manhattan headquarters into Midtown, where there were several good opportunities,” said Cresa SVP Nick Markel. “They chose a LEED Gold-certified building with brand-new infrastructure, unparalleled access to transportation, and abundant wellness and work-related amenities throughout the PENN DISTRICT campus. In addition, they will have custom-built offices.”

Vornado was represented in-house. The tenant is scheduled to take possession of the space in 2025.

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Cresa's Markel

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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