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One World Trade Center is now 95% occupied, the highest level in its history, with an expansion by Celonis

Celonis Expansion Brings One WTC to Occupancy High 

Celonis has extended its existing lease and signed an additional lease for the entire 70th floor of One World Trade Center. With this additional 40,763 square feet, One WTC is now 95% leased, two percentage points higher than in February of 2020, just before the onset of the pandemic. 

“In just two years, Celonis has significantly increased its footprint at One World Trade Center,” said Jonathan Durst, president of the Durst Organization, which developed the Lower Manhattan tower with the Port Authority of New York and New Jersey “One WTC is now 95% leased, the highest level in the building’s history.”    

Celonis was represented by Savills vice chairman Michael Mathias and executive managing director Kirill Azovtsev. Ownership was represented by the Durst Organization’s Eric Engelhardt and Karen Rose and by Newmark’s David Falk, Jason Greenstein, Peter Shimkin, Hal Stein and Andrew Duffy.   


Inside The Story

The Durst OrganizationNewmark's Falk

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-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 15-20 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 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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