1 World Trade Center Now 55 Percent Leased

By Julie Shapiro on July 18, 2012 3:29pm 

One World Trade Center, left, shown in April 2012, is now more than 55 percent leased.
One World Trade Center, left, shown in April 2012, is now more than 55 percent leased.
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Facebook/WTC Progress

LOWER MANHATTAN — The rising 1 World Trade Center is now more than 55 percent leased, thanks to a new deal inked this week, officials announced Wednesday morning.

The U.S. General Services Administration, a federal agency, will take more than 270,000 square feet on the 50th through 55th floors of the skyscraper, which already stands tallest in the city and is scheduled to open in 2014, the Port Authority said.

The General Services Administration had long been slated to move into 1 World Trade Center, replacing space the federal government lost in 6 World Trade Center on 9/11, but the deal was held up by months of negotiations.

"This lease continues the strong momentum we are generating in attracting quality tenants to what will be one of the most prestigious business addresses in the world,” Port Authority Chairman David Samson said in a statement.

"With over half of One World Trade Center leased, we are fulfilling our commitment to making the World Trade Center site the center of economic and commercial activity in Lower Manhattan."

The General Services Administration, which signed a 20-year lease with the Port Authority and developer The Durst Organization, will join Conde Naste, which leased 1.2 million square feet for its new Downtown headquarters, and the China Center, which is planning an indoor vertical garden for its new office space on the 64th to 69th floors.

The tower is scheduled to top out this summer.

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