Travel Website Booking.com Takes 53K SF at 28 Liberty Street
By Liam La Guerre November 8, 2017 3:12 pm
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Booked it!
Travel website Booking.com has signed a 53,000-square-foot deal at 28 Liberty Street, formerly known as One Chase Manhattan Plaza, to relocate its offices within the Financial District.
The company will occupy part of the 28th floor and the entire 29th floor of the 60-story tower between Nassau and William Streets. The deal is for 10 years and the asking rent was $60 per square foot, as The Real Deal reported.
JLL (JLL)’s John Wheeler led a team that handled the deal for the landlord, while Richard Levine and Zachary Price of CBRE (CBRE) represented Booking.com.
Wheeler did not immediately respond to an inquiry seeking comment, a JLL spokesman indicated, while Levine did not immediately return a request via a CBRE spokeswoman.
Booking.com is moving from its current location at 100 William Street between Platt and John Streets. The company has been in 8,044 square feet on the seventh floor of 100 William Street since 2011, according to CoStar Group. Booking.com is relocating to “accommodate a recent employee expansion and continued company growth in the New York City market,” according to a spokeswoman.
Amsterdam-based Booking.com, which was started in 1996 and acquired by Priceline Group in 2005 for $133 million, has nearly 200 offices in 70 countries with more than 15,000 employees, according the company’s website.
Fosun International purchased the tower for $725 million in 2013, as CO previously reported.
The New York State attorney general’s office recently signed a 345,000-square-foot deal at the building for 15 years, as CO first reported in January. In addition, Fosun is constructing a 200,000-square-foot retail base at the tower and movie theater chain Alamo Drafthouse is taking 40,000 square feet of it.
