Articles of the week ending July 10th
Anchorage Capital Advisors Takes 21K SF at 125 West 57th Street
By Amanda Schiavo, Commercial Observer
Anchorage Capital Advisors signed a 10-year lease for 20,560 square feet at 125 West 57th Street, moving from its current 610 Broadway location to occupy the 18th and 19th floors of the Midtown office tower.
Anthropic Expands in Manhattan, Part of an A.I. Boom in New York
By Emma G. Fitzsimmons and Steve Lohr, The New York Times
Anthropic plans to lease the 16-story 330 Hudson Street building in Hudson Square and expand its New York City workforce to 1,000 employees as part of the company’s continued growth in the AI sector.
Law Firm Loeb & Loeb Expands to 179K SF at Rudin’s 345 Park Avenue
By Mark Hallum, Commercial Observer
Loeb & Loeb signed a 16-year lease extension and expanded its headquarters at Rudin’s 345 Park Avenue to 178,959 square feet, adding space on the 13th floor while continuing to occupy floors 18 through 21.
Manhattan office leasing stays white hot in 2026
By Victor Rodriguez, CoStar Analytics
Manhattan office leasing remained strong in 2026, with first half activity reaching 17.3 million square feet, surpassing pre-pandemic averages and showing continued demand for office space.
US office leasing holds steady at midyear
By Phil Mobley, CoStar Analytics
U.S. office leasing remained steady in mid 2026 with demand recovering close to pre-pandemic levels, while smaller lease sizes and limited premium space availability continued to limit overall volume.
Ralph Lauren Expands to 280K SF at RXR’s Starrett-Lehigh Building
By Mark Hallum, Commercial Observer
Ralph Lauren expanded its office footprint at RXR’s Starrett-Lehigh Building at 601 West 26th Street to 280,000 square feet with a 13-year lease, adding 22,000 square feet to its existing Chelsea headquarters.
Airbnb Strikes $82M Deal to Buy 281 Park Avenue South for NYC Office
By Isabelle Durso, Commercial Observer
Airbnb purchased 281 Park Avenue South in Gramercy for $81.5 million as its first owned New York City office building, signaling a long term commitment to expanding its office presence in the city.
Almost a quarter-century later, last piece of World Trade Center rebuild takes shape
By Andria Cheng, CoStar News
American Express broke ground on the 55 story 2 World Trade Center, where it will own and occupy nearly 2 million square feet as the sole tenant, completing the final office tower in the World Trade Center redevelopment.