CTC Lease Brings Durst’s One Five One to 97% Occupancy
CTC (Chicago Trading Company) has signed a 15-year lease for 68,339 square feet on the 36th and 37th floors of the Durst Organization’s One Five One W. 42nd St. The trading firm is moving its office from 1120 Ave. of the Americas.
“One Five One is providing CTC with the space to collaborate and foster creativity and, ultimately, giving them a critical edge in their competitive business,” said Jonathan (Jody) Durst, president of The Durst Organization. “With the last two full floors leased by CTC, One Five One is now 97% leased and helping to lead our city’s rebound from the pandemic.”
CTC was represented by CBRE’s New York team of Ben Friedland, Jason Pollen and Hannah Gerard, along with Mark Keebler and Brad Serot of CBRE’s Chicago office. The Durst Organization was represented in-house by EVP Tom Bow, SVP Rocco Romeo and associate director Tanya Grimaldo.
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 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).