Feil’s 7 Penn Plaza to lease three floors to HDR Engineering
HDR Engineering has signed a lease for 74,000 square feet across three full floors at 7 Penn Plaza in New York City. The company is relocating from 500 Seventh Avenue, where it previously occupied 61,000 square feet, at an asking rent of $70 per square foot. The new lease brings 7 Penn Plaza to 90% occupancy, following other recent leasing activity in the Feil Organization’s portfolio.
- ▪HDR Engineering is the largest US-based employee-owned architecture and engineering firm.
- ▪The 18-story, 1921-vintage 7 Penn Plaza has 357,000 square feet and recently underwent capital improvements, including a rooftop lounge under construction.
- ▪JLL represented HDR in the lease, while Feil’s in-house team was represented by Andrew Wiener and Kyle Young.
- ▪The deal follows recent leases at Feil’s other properties, including a 53,000-square-foot lease with Robin Hood at 841 Broadway.
Opening excerpt (first ~120 words) tap to expand
Steve Cuozzo Business Feil’s 7 Penn Plaza to lease three floors to HDR Engineering By Steve Cuozzo Published May 3, 2026, 4:36 p.m. ET Strong leasing momentum in the Feil Organization’s portfolio snared another new tenant — HDR Engineering, which signed for 74,000 square feet on three full floors at 7 Penn Plaza, formerly known as 370 Seventh Ave. HDR, the largest US-based employee-owned architecture and engineering firm, will move from 500 Seventh Ave., where it had 63,000 square feet. The asking rent was $70 per square foot. The deal brings 7 Penn Plaza to 90% leased. Other tenants include Estreich & Co., life science company SOSV and Feil’s own headquarters. 7 Penn Plaza is 90% leased after HDR Engineering signed a lease for three full floors.
…
Excerpt limited to ~120 words for fair-use compliance. The full article is at New York Post.
Discussion
0 commentsMore from New York Post
