Brookfield taps leasing giant JLL to find tenants for nearly full Manhattan West towers
With its three largest office towers mostly leased for rents well above $100 per square foot, Brookfield Properties wouldn’t seem to have a care in the world for its seven million square-foot development between Penn Station to the east and Related Companies’ Hudson Yards to the west.
Even so, leases don’t last forever and some space remains available today.
So Brookfield tapped JLL as its exclusive leasing agent for the complex’s office towers, where marquee-name tenants include Skadden, Amazon, Ernst & Young, JPMorgan Chase, the NHL and most recently, Spanish bank BBVA, which signed for 74,000 square feet at 2 Manhattan West in November 2023.
As per Costar, 1 Manhattan West’s 2.1 million square feet are more than 97% taken.
But some 338,000 sf are still up for grabs at 1.95 million square-foot 2 Manhattan West, as are 251,000 sf at 1.7 million square-foot 5 Manhattan West, according to Costar.
In addition, a source, neither at JLL nor Costar, said that about 100,000 square feet will soon free up at 5 Manhattan West, the one-time Brutalist-style eyesore that Brookfield spent $300 million to convert into a gleaming, 21st Century showplace.
The JLL team is headed by New York region president Peter Riguardi with other top producers including Paul Glickman, Matt Astrachan, Christine Colley, Kristen Morgan and Seth Godnick.
Manhattan West’s non-office components are thriving, too.
The Pendry Hotel is home to popular Middle Eastern restaurant Zou Zou. Other dining options in what’s called Manhattan West Plaza include Danny Meyer’s Ci Siamo and Daily Provisions, modern-Spanish restaurant Casa Dani and Japanese eatery Katsuya.
Retailers include the NHL store and a mammoth Whole Foods Market.