{"id":1004732298,"date":"2024-10-08T04:38:05","date_gmt":"2024-10-08T12:38:05","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004732298"},"modified":"2024-10-08T23:35:11","modified_gmt":"2024-10-09T07:35:11","slug":"columbia-property-trust-lands-lease-expansion-in-manhattan","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/columbia-property-trust-lands-lease-expansion-in-manhattan\/","title":{"rendered":"Columbia Property Trust Lands Lease Expansion in Manhattan"},"content":{"rendered":"\n<p>Harvey, a San Francisco-based generative artificial intelligence firm, has inked a lease at 315 Park Ave. S. in Manhattan that doubles the size of its space to 34,100 square feet on two floors. Previously, the startup had committed to 17,050 square feet on one floor.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"alignright size-full is-resized\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/10\/315-Park-Avenue-South-NYC.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"400\" height=\"600\" data-attachment-id=\"1004732303\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/columbia-property-trust-lands-lease-expansion-in-manhattan\/315-park-avenue-south-nyc\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/10\/315-Park-Avenue-South-NYC.jpg\" data-orig-size=\"400,600\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1708080631&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"315 Park Avenue South, NYC\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/10\/315-Park-Avenue-South-NYC.jpg?w=400\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/10\/315-Park-Avenue-South-NYC.jpg\" alt=\"\" class=\"wp-image-1004732303\" style=\"width:400px\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/10\/315-Park-Avenue-South-NYC.jpg 400w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/10\/315-Park-Avenue-South-NYC.jpg?resize=200,300 200w\" sizes=\"auto, (max-width: 400px) 100vw, 400px\" \/><\/a><figcaption class=\"wp-element-caption\">Harvey, which specializes in AI for law firms and other professional service providers, has expanded its footprint at 315 Park Ave. S. in Manhattan. <em>Image by Shoootin, courtesy of Columbia Property Trust<\/em><\/figcaption><\/figure><\/div>\n\n\n<p>Harvey, which specializes in AI for law firms and other professional service providers, initially leased the fifth floor of the building only this year. Now the firm has taken the seventh floor as well.<\/p>\n\n\n\n<p>The building owner, Columbia Property Trust, has undertaken a series of tech and operational upgrades to the vintage 1910 structure, earning it Energy Star, Fitwel, LEED Gold, and WiredScore Platinum certifications. 315 Park Ave. S. also received the Building Owners &amp; Managers Association of New York\u2019s 2022 Pinnacle Award for Operating Building of the Year.<\/p>\n\n\n\n<p>From its Midtown location, the building provides transit access and walkability to Madison Square Park, Gramercy Park and various food options, hotels and shopping.<\/p>\n\n\n\n<p>Other tenants at the 332,000-square-foot building&nbsp;include a range of tech and finance firms, including PitchBook and Twitch. The building&#8217;s retail spaces are currently occupied by Just Salad, fitness chain Equinox and the robot-using vegan food purveyor Kernel.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity has-very-light-gray-to-cyan-bluish-gray-gradient-background has-background is-style-wide\"\/>\n\n\n\n<p><strong>READ ALSO<\/strong>: <a href=\"https:\/\/www.commercialsearch.com\/news\/ai-will-probably-boost-office-demand-and-cre-at-large\/\">AI Will Probably Boost Office Demand. And CRE at Large.<\/a><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity has-very-light-gray-to-cyan-bluish-gray-gradient-background has-background is-style-wide\"\/>\n\n\n\n<p>Founded about two years ago, Harvey recently completed its Series C investment, which was led by Google Ventures, with participation from OpenAI, Kleiner Perkins, Sequoia Capital, Elad Gil and SV Angel.&nbsp;<\/p>\n\n\n\n<p>The $100 million investment puts Harvey at a $1.5 billion valuation, enabling the company to continue expanding across business functions and geographies. Harvey has also recently expanded its physical footprint in London, to support its customer base in Europe.<\/p>\n\n\n\n<p>Columbia Property Trust was represented in-house in the deal by Maria Blake and Ted Koltis, along with a Newmark team of David Falk, Peter Shimkin and Jonathan Fanuzzi. Harvey was represented by JLL\u2019s Todd Stracci, Hugh Scott and Jack Nelson.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-ai-driving-otherwise-lackluster-leasing\">AI driving otherwise lackluster leasing<\/h2>\n\n\n\n<p>Tech leasing has been sluggish in recent years, but a bright spot for office landlords looking to lease to tech companies is the increasing employment by burgeoning AI companies, according to the <a href=\"https:\/\/www.commercialsearch.com\/news\/demand-for-ai-expertise-causes-tech-talent-to-switch-gears-cbre\/\">CBRE\u2019s 2024 Scoring Tech Talent report<\/a>.<\/p>\n\n\n\n<p>AI\u2019s share of total U.S. tech talent job postings increased to 14.3 percent in June 2024, up from 8.8 percent just before the pandemic in late 2019, CBRE reported, citing Lightcast data. AI roles accounted for 72 percent of all new tech talent jobs in 2023. As demand for AI workers grows, so does their workspace.<\/p>\n\n\n\n<p>Increased demand for specialized skill sets in AI is fueling tech talent job growth, according to Colin Yasukochi, executive director of CBRE\u2019s Tech Insights Center. The company anticipates more tech hiring to take place into 2025 as companies further adopt AI.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A growing AI firm backed by tech heavyweights has doubled its footprint at the recently upgraded property. <\/p>\n","protected":false},"author":1023,"featured_media":1004732302,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21784,1600,21742,10,21747],"tags":[32789,33221,32796],"class_list":["post-1004732298","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brokerage","category-new-york","category-latest","category-northeast","category-office","tag-cbre","tag-columbia-property-trust-inc","tag-jll"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Columbia Property Trust Lands Lease Expansion in Manhattan - Commercial Property Executive<\/title>\n<meta name=\"description\" content=\"Harvey, which specializes in AI for law firms, has expanded its footprint at 315 Park Ave. S. in Manhattan.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/columbia-property-trust-lands-lease-expansion-in-manhattan\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Columbia Property Trust Lands Lease Expansion in Manhattan\" \/>\n<meta property=\"og:description\" content=\"Harvey, which specializes in AI for law firms, has expanded its footprint at 315 Park Ave. S. in Manhattan.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/columbia-property-trust-lands-lease-expansion-in-manhattan\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2024-10-08T12:38:05+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-10-09T07:35:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/10\/315-Park-Avenue-South-featured.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"803\" \/>\n\t<meta property=\"og:image:height\" content=\"610\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Dees Stribling\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/columbia-property-trust-lands-lease-expansion-in-manhattan\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/columbia-property-trust-lands-lease-expansion-in-manhattan\/\",\"name\":\"Columbia Property Trust Lands Lease Expansion in Manhattan - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/columbia-property-trust-lands-lease-expansion-in-manhattan\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/columbia-property-trust-lands-lease-expansion-in-manhattan\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/10\/315-Park-Avenue-South-featured.jpg\",\"datePublished\":\"2024-10-08T12:38:05+00:00\",\"dateModified\":\"2024-10-09T07:35:11+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/dc1e9fa4ee0430d86f8e60cd697c953c\"},\"description\":\"Harvey, which specializes in AI for law firms, has expanded its footprint at 315 Park Ave. S. in Manhattan.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/columbia-property-trust-lands-lease-expansion-in-manhattan\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/columbia-property-trust-lands-lease-expansion-in-manhattan\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/columbia-property-trust-lands-lease-expansion-in-manhattan\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/10\/315-Park-Avenue-South-featured.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/10\/315-Park-Avenue-South-featured.jpg\",\"width\":803,\"height\":610,\"caption\":\"AI firm Harvey has expanded its footprint at 315 Park Ave. S. in Manhattan. Image by Shoootin, courtesy of Columbia Property Trust\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/columbia-property-trust-lands-lease-expansion-in-manhattan\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Columbia Property Trust Lands Lease Expansion in Manhattan\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/dc1e9fa4ee0430d86f8e60cd697c953c\",\"name\":\"Dees Stribling\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/42add8af9e9229ed27332ad13f5b8c6f6ae89de868a41cf81baaac4ad46e589a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/42add8af9e9229ed27332ad13f5b8c6f6ae89de868a41cf81baaac4ad46e589a?s=96&d=mm&r=g\",\"caption\":\"Dees Stribling\"},\"url\":\"https:\/\/www.commercialsearch.com\/news\/author\/dcstribling\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Columbia Property Trust Lands Lease Expansion in Manhattan - Commercial Property Executive","description":"Harvey, which specializes in AI for law firms, has expanded its footprint at 315 Park Ave. S. in Manhattan.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/columbia-property-trust-lands-lease-expansion-in-manhattan\/","og_locale":"en_US","og_type":"article","og_title":"Columbia Property Trust Lands Lease Expansion in Manhattan","og_description":"Harvey, which specializes in AI for law firms, has expanded its footprint at 315 Park Ave. S. in Manhattan.","og_url":"https:\/\/www.commercialsearch.com\/news\/columbia-property-trust-lands-lease-expansion-in-manhattan\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2024-10-08T12:38:05+00:00","article_modified_time":"2024-10-09T07:35:11+00:00","og_image":[{"width":803,"height":610,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/10\/315-Park-Avenue-South-featured.jpg","type":"image\/jpeg"}],"author":"Dees Stribling","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/columbia-property-trust-lands-lease-expansion-in-manhattan\/","url":"https:\/\/www.commercialsearch.com\/news\/columbia-property-trust-lands-lease-expansion-in-manhattan\/","name":"Columbia Property Trust Lands Lease Expansion in Manhattan - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/columbia-property-trust-lands-lease-expansion-in-manhattan\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/columbia-property-trust-lands-lease-expansion-in-manhattan\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/10\/315-Park-Avenue-South-featured.jpg","datePublished":"2024-10-08T12:38:05+00:00","dateModified":"2024-10-09T07:35:11+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/dc1e9fa4ee0430d86f8e60cd697c953c"},"description":"Harvey, which specializes in AI for law firms, has expanded its footprint at 315 Park Ave. S. in Manhattan.","breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/columbia-property-trust-lands-lease-expansion-in-manhattan\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/columbia-property-trust-lands-lease-expansion-in-manhattan\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/columbia-property-trust-lands-lease-expansion-in-manhattan\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/10\/315-Park-Avenue-South-featured.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/10\/315-Park-Avenue-South-featured.jpg","width":803,"height":610,"caption":"AI firm Harvey has expanded its footprint at 315 Park Ave. S. in Manhattan. Image by Shoootin, courtesy of Columbia Property Trust"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/columbia-property-trust-lands-lease-expansion-in-manhattan\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"Columbia Property Trust Lands Lease Expansion in Manhattan"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/dc1e9fa4ee0430d86f8e60cd697c953c","name":"Dees Stribling","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/42add8af9e9229ed27332ad13f5b8c6f6ae89de868a41cf81baaac4ad46e589a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/42add8af9e9229ed27332ad13f5b8c6f6ae89de868a41cf81baaac4ad46e589a?s=96&d=mm&r=g","caption":"Dees Stribling"},"url":"https:\/\/www.commercialsearch.com\/news\/author\/dcstribling\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/10\/315-Park-Avenue-South-featured.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004732298","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/1023"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004732298"}],"version-history":[{"count":5,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004732298\/revisions"}],"predecessor-version":[{"id":1004732337,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004732298\/revisions\/1004732337"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004732302"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004732298"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004732298"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004732298"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}