Recent Leases Boost Occupancy at 22 Vanderbilt
New Tenants Enhance Building’s Profile
22 Vanderbilt has seen a surge in occupancy, reaching 91%, following several high-profile lease agreements. Notable signing companies include:
- Duane Morris: 80,000 square feet
- TD Securities: 80,000 square feet
- AlTi Tiedemann Global: 40,000 square feet
- Kennedys: 25,000 square feet
Each of these leases has been secured at rental rates exceeding $100 per square foot, reflecting the demand for quality office space in New York City.
Transformative Renovations and Future-Focused Workspaces
According to Allison Gans, co-managing partner of Bain New York, “Our New York office has grown exponentially over the last several years, and the way we work has changed since the pandemic.” She emphasized that the new design at 22 Vanderbilt allows for innovative collaborations with clients and enhances teamwork.
Gans described the potential of the new space: “What we’re most excited about is the ability to partner with our team to design a space that suits our current and future ways of working.” This statement highlights the emphasis on adaptability in workplace design.
Highlights of the Revamped Facilities
The renovation of 22 Vanderbilt has resulted in several key features aimed at improving tenant experience:
- Redesigned Palm Court Lobby: A modern entry point under a striking 29-story atrium.
- The Terrace: A landscaped outdoor area providing views of Grand Central Station.
- The Conference Center: Equipped with an in-house production studio for creating tenant content.
- The Melangerie: A three-story dining hall featuring diverse culinary offerings.
These enhancements underscore the commitment to creating a functional and enjoyable work environment.