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AI Tech Firm Treeswift Signs Four-Year Lease for New Manhattan Headquarters

Lee & Associates NYC announced that Treeswift Inc., an AI-powered infrastructure technology company helping electric utilities modernize field operations, has relocated its New York headquarters to 256 W. 38th St. after signing a four-year, full-floor lease for 7,487 square feet. The Philadelphia-based tenant is expected to move into its new Midtown Manhattan headquarters in August.

Daniel Rodriguez of Buchbinder Warren LLC represented Treeswift.  Todd Korren, principal, executive managing director, and Noah Caspi of Lee NYC represented the landlord, Hakimian Organization.  

Treeswift develops AI-powered software, LiDAR and sensor technology that helps electric utilities collect and analyze field data to improve infrastructure inspections, vegetation management, construction planning, wildfire mitigation and storm response.

“Artificial intelligence companies have become one of the most active drivers of office leasing demand in Manhattan, but they are not all looking for trophy towers,” said Korren. “As these businesses grow, they are seeking efficient, well-connected headquarters that support collaboration, attract talent and provide long-term value. Treeswift’s relocation reflects that trend.”

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Lee NYC's Korren

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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