Tag Archives: Brookfield Place

Repositioned Brookfield Place Drives Downtown Absorption

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COW New York May 15 15

  • Formerly marketed as the World Financial Center, the downsize by Bank of America I Merrill Lynch at the 8.9 million-square-foot office complex resulted in a 2.6 percentage point increase in Downtown vacancy in 2012.
  • New leases by Time Inc., Hudson’s Bay, BNY Mellon, Jones Day, and others drove the
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More than 2 million square feet of new or repositioned retail slated for Lower Manhattan

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New York Chart of the Week

PowerPoint Presentation

 

Brookfield Place:
40 retailers totaling 200,000 s.f. will open by spring 2015, including Saks Fifth Avenue, Hermès, J.Crew, Theory, Le District French marketplace, and Hudson Eats – a collection of 14 fast-casual eateries

World Trade Center:
150 retailers totaling 350,000 s.f. will open in summer 2015, including… Read More