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World Trade Center area now rivals Midtown’s prime corridors as leasing frenzy boosts asking rents

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#world trade center#office leasing#real estate#lower manhattan#commercial rents
World Trade Center area now rivals Midtown’s prime corridors as leasing frenzy boosts asking rents
⚡ TL;DR · AI summary

The World Trade Center area has emerged as a competitive commercial hub, with office leasing activity pushing asking rents close to those in Midtown Manhattan. Recent leases at Silverstein Properties' towers have exceeded $100 per square foot, and major tenants continue to expand amid high occupancy rates. The site's revitalization, including the upcoming 2 World Trade Center for American Express, reflects broader growth in lower Manhattan's office market.

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New York Post
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Business realty check World Trade Center area now rivals Midtown’s prime corridors as leasing frenzy boosts asking rents By Steve Cuozzo Published April 30, 2026, 4:22 p.m. ET Twenty-five years since 9/11, asking rents for large blocks of space at the World Trade Center nearly rival those on Park and Sixth avenues, Midtown’s prime corridors, a Post survey found. When Moody’s moves out of 7 World Trade Center at the end of 2027, Larry Silverstein expects to fetch rents of up to $140 per square foot for 700,000 square feet, said Jeremy Moss, the landlord’s executive vice-president for leasing.

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