According to a third-quarter report from Colliers, TPG, a private equity firm, has completed a lease for over 300,000 square feet at The Spiral by Tishman Speyer. This new lease of 301,276 square feet at 66 Hudson Blvd. marks another successful month for Manhattan office leasing in October as Bloomberg LP also expanded and extended their lease at 919 Third Ave., while Blue Owl Capital increased their space at 375 Park Ave.
The terms of the lease have not been disclosed yet and it is unknown if brokers were involved in the negotiations on behalf of TPG. The in-house team of Greg Conen and Sam Brodsky represents Tishman Speyer for this property which spans over 1.2 million square feet on Manhattan’s Far West Side.
In late July, Bloomberg News first reported that discussions were underway between TPG and Tishman Speyer regarding an area between 200-300 thousand square feet. The global headquarters of Pfizer since its opening in2023 is located within The Spiral.
TPG has recently secured a significant deal with real estate giant Colliers to occupy more than three hundred thousand square feet at the prestigious building known as “The Spiral” owned by renowned developerTishman Speyer.This news was confirmed through Collier’s third-quarter report on Manhattan office spaces.The new agreement adds to an already busy month for commercial leasing activities across New York City with other notable deals including Bloomberg LP expanding its current locationat919 Third Avenueand Blue Owl Capital increasing their presenceat375 Park Avenue.
Although details about the specific terms are still undisclosed,it remains unclear whether any external brokers playeda rolein facilitatingthe negotiation process.TishmanSpeyerproudly boastsan impressive internal team ledbyGreg ConenandSam Brodskyto represent themfor this particularpropertywhich offersover one point two million sq ftof primeoffice spaceonManhattan’s Far West Side.
According to reports from Bloomberg News, discussions between TPG and Tishman Speyer first began in late July with a potential space requirement of two hundred thousand to three hundred thousand square feet. The Spiral has been the global headquarters for pharmaceutical giant Pfizer since its grand openingin 2023.
