Hudson Yards skyscraper The Spiral lands five new tenants to lift occupancy above 80%
The Spiral has been a favorite Realty Check subject since we first reported Pfizer would anchor the Tishman Speyer tower back in August 2017.
Its strong pulling power — enhanced by its top-floor ZO Clubhouse amenity center with an open-air terrace — subsequently lured HSBC, Debevoise & Plimpton and Alliance Bernstein among other marquee-name tenants.
Now, five unannounced new deals totaling 129,500 square feet have brought the 2.8 million square-foot, Hudson Yards District skyscraper to 81% leased less than two years since it opened on the block bounded by Hudson Boulevard, Tenth Avenue and West 34th and 35th streets.
HSBC added 35,400 sf to its US headquarters lease which now totals over 300,000 sf.
Two as yet unidentified investment management firms signed for a total of nearly 90,000 square feet. One is said to be moving from Manhattan West, the other from Related’s Hudson Yards complex.
Global tech firm XR Extreme Reach, which is moving from 1633 Broadway, took 13,400 square feet. And Asset manager Fifth Wall is relocating from 1 Little West 12th street to 6,700 sf at the Spiral
The new tenants follow asset manager Marshall Wace, which took 79,000 square feet last summer when it moved from 350 Park Ave.
Meanwhile, work proceeds on major ground-floor restaurants to open in 2025.
The team behind Llama San and Llama Inn will launch a Peruvian-Japanese Place on the northwest corner of 10th Avenue and West 34th Street, while two new concepts from Michelin-starred chef Gabriel Kreuther will be on the Spiral’s Hudson Boulevard side.
Terms were not available for any of the leases.
Office asking rents at the Spiral have ranged from $125-225 per square foot.
