Durst Organization ditching One Bryant Park to accommodate growing workforce
Durst Organization to Relocate from One Bryant Park to 1155 Sixth Ave in 2024
The Durst Organization is set to relocate its headquarters from its flagship tower, One Bryant Park, to one of its older towers, 1155 Sixth Ave. The move is expected to take place in 2024 and will see the company expand from 85,000 to 110,000 square feet to accommodate its growing workforce. The move also frees up three floors at One Bryant Park for rent, making space for other tenants willing to pay up to $200 per square foot.
The new location was once home to Durst’s front office before One Bryant Park was opened in 2008. The old/new digs at 1155 Sixth Ave won’t be the same, as Durst spent more than $150 million to redesign and reposition the tower, which has attracted new tenants such as Global Relay on the top floors.
Gensler Architects is helping Durst to design the new space, which will occupy four contiguous floors at the podium level of 1155 Sixth Ave. Meanwhile, Durst has already begun marketing its soon-to-be-vacant floors at the One Bryant Park tower, which currently counts 30% more people in the building during midweek compared to 2019.
FAQs
What is the Durst Organization’s new address?
The Durst Organization will relocate its headquarters from One Bryant Park to 1155 Sixth Ave in New York in 2024.
Why is the Durst Organization moving to 1155 Sixth Ave?
The move will allow the Durst Organization to expand its office space from 85,000 to 110,000 square feet to accommodate its growing workforce. The move also frees up three floors at One Bryant Park.
What is the cost of renting space at One Bryant Park?
According to the article, other tenants are willing to pay up to $200 per square foot to rent space at the One Bryant Park tower.
Durst Organization to leave One Bryant Park and make room for expanding staff.
The Durst Organization plans to increase its office space by moving its headquarters from its flagship tower, One Bryant Park, to one of its older towers, 1155 Sixth Ave. The move will accommodate the company’s growing workforce, expanding from 85,000 to 110,000 square feet. Additionally, the move will free up three floors for other tenants willing to pay up to $200 per square foot. The new location will provide four contiguous floors at the podium level of 1155 Sixth, designed by Gensler Architects. The old location, where Durst had its front office, has undergone a $150 million redesign. Durst has started marketing its vacant floors at One Bryant Park, where 30% more people are in the building midweek compared to 2019. The flagship tower is currently based at One Bryant Park.