New York & Tri-State + Downtown New York + Office | November 8, 2018

Twitter Extends Commitment to Boutique Office in Chelsea

Twitter will continue to occupy all of the office space at Columbia Property Trust’s 249 W. 17th St. The REIT signed the social media company to a five-year extension of its five-year lease at 215,000 square feet, continuing its presence at the boutique Chelsea property through 2030.

Twitter’s New York office has been located at the Chelsea property since the building was fully renovated in 2014. It’s the company’s second-largest space behind its San Francisco headquarters.

“We are very pleased to extend our relationship with Twitter at 249 West 17th Street,” said Columbia CEO Nelson Mills. “And we’re delighted that this fully renovated and highly amenitized property, located in Manhattan’s premier neighborhood for leading tech and media companies, will serve as their New York home for years to come.”

Christina Clark and Peter Sabesan from Cresa represented Twitter in lease negotiations. CBRE’s Neil King and Paul Amrich represented Columbia.

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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 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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