May 22, 2019
Nasdaq Inc. has signed a 15-year lease for 32,512 square feet at the Durst Organization’s One Five One W. 42nd St. The deal brings Nasdaq’s total square footage at One Five One, its global headquarters since 2018, to approximately 180,000 square feet.
The expansion comes on the heels of a spate of lease signings at One Five One, including BMO Capital Markets for 215,056 square feet, SS&C for 166,967 square feet, and RSM for 112,474 square feet. Only two of the 19 floors formerly occupied by Condé Nast remain available, and over a third of the floors currently occupied by law firm Skadden, which is vacating next spring, have already been pre-leased.
NKF’s Michael Ippolito and Daniel Katcher, along with Cushman & Wakefield’s Robert Tanzmann, represented Nasdaq. The Durst Organization was represented in-house by EVP Tom Bow, senior managing director Rocco Romeo and senior leasing associate Tanya Grimaldo.
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