Moody’s Taking 75K SF at 1 WTC
By Terence Cullen September 18, 2015 3:41 pm
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Credit-rating firm Moody’s Investors Service has inked a 75,000-square-foot deal for two floors at 1 World Trade Center, according to The New York Post. Moody’s will be taking the 56th and 57th floors of the 104-story tower.
The length of the lease was not immediately available, but the Post reported the asking rent at $69 per square foot.
While mega-publishing company Condé Nast anchors the building with 1.2 million square feet, the Durst Organization and Port Authority of New York & New Jersey haven’t signed many other massive tenants to the buildings this year. Video game developer High 5 Games became another prominent tenant after it signed a lease for 87,663 square feet for two floors last November.
The bulk of Moody’s operations is based in the fully occupied 7 World Trade Center, where it leases 680,000 square feet from Silverstein Properties.
A Cushman & Wakefield team of Tara Stacom, Alan Stein, James Searl and Justin Royce represent the landlords in leasing at the 3-million-square-foot tower. John Cefaly and Gus Field, also of C&W, represented Moody’s in the deal. A Durst spokesman did not immediately return a request for comment; a C&W spokesman declined to comment.
