Duolingo Subleasing 86K SF From Spotify At 4 World Trade Center
Spotify vacated the space in the spring before announcing a large round of layoffs.
Spotify vacated the space in the spring before announcing a large round of layoffs.
The freight company also rescinded more than 75 signed employment offers, its new CEO said Thursday.
Office availability is tightening in Manhattan but has a long way to go, JLL research provided to Bisnow shows.
NYC's office landlords signed 3.9M SF of leases in July, up by two-thirds from a year earlier, new data from Colliers shows.
Subletting drove much of the leasing activity in the metro area.
Houston's total vacancy rate could get worse before it gets better.
A total of 1.5M SF in office leases were signed in Manhattan in April, a 44% year-over-year decline.
X, the platform formerly known as Twitter, stopped paying rent last October in the Chelsea office tower that was previously its NYC HQ.
Global law firm Paul, Weiss has signed a 765K SF lease in Manhattan space previously occupied by asset manager AllianceBernstein.
WeWork is the biggest tenant in the building, which is tied to a $399M CMBS loan.
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