Close Menu
Rent Magazine
  • News
  • Residential
  • Commercial
  • Realtors
  • Tech
What's Hot

Sell2Rent: The Homeowner’s New Path to Cash Without the Move

May 9, 2026

U.S. Rental Market Shows Signs of Stabilization as Housing Supply Expands in Major Cities

May 7, 2026

New Federal Guidelines Aim to Stabilize U.S. Rental Market Amid Rising Demand

May 5, 2026
Rent Magazine
  • News
  • Residential
  • Commercial
  • Realtors
  • Tech
Thursday, May 14
Rent Magazine
You are at:Home » United Nations Expands and Consolidates Manhattan Headquarters with Major Lease Renewal
Commercial

United Nations Expands and Consolidates Manhattan Headquarters with Major Lease Renewal

By Rent Magazine ContributorJune 28, 20252 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter Pinterest WhatsApp Email

New York City, June 27, 2025 — The United Nations has finalized a significant lease renewal and expansion at 2 United Nations Plaza in Midtown Manhattan, securing 425,190 square feet across 26 stories. This move consolidates the organization’s previously dispersed operations into a unified headquarters, reaffirming its commitment to New York City as its central diplomatic hub.

The lease agreement, brokered by Newmark Group, Inc., encompasses nearly all office space within 2 UN Plaza, spanning levels 2 through 26. Additionally, it includes a two-story retail component at 1 United Nations Plaza. This consolidation brings together operations that were formerly split between 1 and 2 UN Plaza, creating a cohesive and efficient workspace above the ground-floor retail and beneath the Millennium Hotel.

Jim Saunders, Executive Managing Director at Newmark, commented on the transaction, stating, “This landmark transaction reaffirms the UN’s deep-rooted commitment to New York City as its global diplomatic hub. We are proud to have advised on this project, which will ensure further improvements to operational efficiency and UN staff support.”

The lease renewal coincides with a substantial $500 million capital improvement program underway across both 1 and 2 UN Plaza, spearheaded by the United Nations Development Corporation (UNDC), a state-established public benefit corporation. The initiative aims to modernize the complex with significant infrastructure upgrades, lobby renovations, new building systems, and enhanced security and sustainability features.

Situated directly across from the United Nations Headquarters, the UN Plaza complex has long served as a cornerstone for diplomatic, governmental, and international tenants. The property offers unobstructed East River and skyline views, along with immediate access to Midtown Manhattan transit and amenities.

Newmark’s team, including Head of New York Consulting Jason Perla and Executive Vice President of Workplace Strategy & Human Experience Roy Abernathy, played pivotal roles in the lease negotiations and workplace redesign. Abernathy led a team that developed a transformative workplace model tailored to the organization’s international mission, introducing a new way of working that aligns with its global objectives.

The landlord, represented by CBRE’s Scott Gottlieb, is undertaking the capital improvement program to revitalize the complex, ensuring it meets the evolving needs of its tenants and maintains its status as a premier location for global diplomacy.

This lease renewal and expansion by the United Nations not only strengthens its operational capabilities but also contributes to the ongoing vitality of New York City’s commercial real estate market, particularly in Midtown Manhattan.

Related Posts

How Commercial Real Estate Trends and Tech Innovations Are Shaping U.S. Property Markets in 2026

By Rent Magazine ContributorFebruary 22, 2026

U.S. Financial Markets React to Tech Earnings on January 29, 2026

By Rent Magazine ContributorJanuary 30, 2026

Commercial Real Estate Outlook for 2026: Cautious Optimism and Growth Potential

By Rent Magazine ContributorJanuary 19, 2026

U.S. Commercial Real Estate Outlook Shows Growing Optimism for 2026

By Rent Magazine ContributorJanuary 10, 2026
Don't Miss

U.S. Apartment Construction Slows as Rental Market Adjusts to Economic Pressures

By Rent Magazine ContributorMay 13, 2026

The United States rental housing market entered a new phase on May 13, 2026, as…

Smart Apartment Technology Expands Rapidly Across the U.S. Rental Housing Market

May 11, 2026

Sell2Rent: The Homeowner’s New Path to Cash Without the Move

May 9, 2026

U.S. Rental Market Shows Signs of Stabilization as Housing Supply Expands in Major Cities

May 7, 2026
Top Picks

Sell2Rent: The Homeowner’s New Path to Cash Without the Move

By Rent Magazine ContributorMay 9, 2026

U.S. Rental Market Shows Signs of Stabilization as Housing Supply Expands in Major Cities

By Rent Magazine ContributorMay 7, 2026

New Federal Guidelines Aim to Stabilize U.S. Rental Market Amid Rising Demand

By Rent Magazine ContributorMay 5, 2026
About Us
About Us

Rent Magazine was founded with the mission of simplifying the rental process for both landlords and tenants. We understand that finding the perfect rental property or managing a rental portfolio can be a daunting task, which is why we strive to offer comprehensive and reliable information to make your journey smoother.

Top Posts

Sell2Rent: The Homeowner’s New Path to Cash Without the Move

May 9, 2026

U.S. Rental Market Shows Signs of Stabilization as Housing Supply Expands in Major Cities

May 7, 2026

New Federal Guidelines Aim to Stabilize U.S. Rental Market Amid Rising Demand

May 5, 2026
Don't Miss

U.S. Apartment Construction Slows as Rental Market Adjusts to Economic Pressures

May 13, 2026

Smart Apartment Technology Expands Rapidly Across the U.S. Rental Housing Market

May 11, 2026

Sell2Rent: The Homeowner’s New Path to Cash Without the Move

May 9, 2026
  • About Us
  • Contact Us
  • Privacy Policy
  • Terms and Conditions
  • Disclaimer
© 2026 Rent Magazine. All Rights Reserved.

Type above and press Enter to search. Press Esc to cancel.