{"id":1004780452,"date":"2025-12-05T03:01:45","date_gmt":"2025-12-05T11:01:45","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004780452"},"modified":"2025-12-05T06:44:33","modified_gmt":"2025-12-05T14:44:33","slug":"ing-expands-to-154-ksf-in-manhattan","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/ing-expands-to-154-ksf-in-manhattan\/","title":{"rendered":"ING Expands to 154 KSF in Manhattan"},"content":{"rendered":"\n<p><\/p>\n\n\n<div class=\"wp-block-image\">\n<figure data-wp-context=\"{&quot;imageId&quot;:&quot;6a147aef55243&quot;}\" data-wp-interactive=\"core\/image\" class=\"alignright size-full is-resized wp-lightbox-container\"><img loading=\"lazy\" decoding=\"async\" width=\"640\" height=\"800\" data-attachment-id=\"1004780459\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/ing-expands-to-154-ksf-in-manhattan\/1133-avenue-of-the-americas-3\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/12\/1133-Avenue-of-the-americas.jpg\" data-orig-size=\"640,800\" 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;0&quot;,&quot;copyright&quot;:&quot;\\u00a9 Yardi Systems, Inc.&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;0&quot;}\" data-image-title=\"1133 Avenue of the americas\" data-image-description=\"&lt;p&gt;Image from YM&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;The 45-story building went through complete renovations in 2013. Image courtesy of Yardi Matrix&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/12\/1133-Avenue-of-the-americas.jpg?w=640\" data-wp-class--hide=\"state.isContentHidden\" data-wp-class--show=\"state.isContentVisible\" data-wp-init=\"callbacks.setButtonStyles\" data-wp-on-async--click=\"actions.showLightbox\" data-wp-on-async--load=\"callbacks.setButtonStyles\" data-wp-on-async-window--resize=\"callbacks.setButtonStyles\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/12\/1133-Avenue-of-the-americas.jpg\" alt=\"Exterior shot of 1133 Avenue of the Americas, an office building in Manhattan.\" class=\"wp-image-1004780459\" style=\"width:400px\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/12\/1133-Avenue-of-the-americas.jpg 640w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/12\/1133-Avenue-of-the-americas.jpg?resize=240,300 240w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><button\n\t\t\tclass=\"lightbox-trigger\"\n\t\t\ttype=\"button\"\n\t\t\taria-haspopup=\"dialog\"\n\t\t\taria-label=\"Enlarge\"\n\t\t\tdata-wp-init=\"callbacks.initTriggerButton\"\n\t\t\tdata-wp-on-async--click=\"actions.showLightbox\"\n\t\t\tdata-wp-style--right=\"state.imageButtonRight\"\n\t\t\tdata-wp-style--top=\"state.imageButtonTop\"\n\t\t>\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"12\" height=\"12\" fill=\"none\" viewBox=\"0 0 12 12\">\n\t\t\t\t<path fill=\"#fff\" d=\"M2 0a2 2 0 0 0-2 2v2h1.5V2a.5.5 0 0 1 .5-.5h2V0H2Zm2 10.5H2a.5.5 0 0 1-.5-.5V8H0v2a2 2 0 0 0 2 2h2v-1.5ZM8 12v-1.5h2a.5.5 0 0 0 .5-.5V8H12v2a2 2 0 0 1-2 2H8Zm2-12a2 2 0 0 1 2 2v2h-1.5V2a.5.5 0 0 0-.5-.5H8V0h2Z\" \/>\n\t\t\t<\/svg>\n\t\t<\/button><figcaption class=\"wp-element-caption\">The 45-story building underwent complete renovations in 2016. <em>Image courtesy of Yardi Matrix<\/em><\/figcaption><\/figure><\/div>\n\n\n<p>ING Group has expanded its office presence at 1133 Avenue of the Americas in Manhattan to 153,915 square feet, according to a <a href=\"https:\/\/www.cbre.com\/insights\/figures\/manhattan-office-figures-december-2025\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">CBRE office report<\/a>. The firm previously signed a lease for 132,400 square feet in 2016, Yardi Matrix data shows.<\/p>\n\n\n\n<p>The Durst Organization owns the 1.1 million-square-foot high-rise. The 45-story tower was built in 1970 and underwent complete renovations in 2016.<\/p>\n\n\n\n<p>Capital improvements at the LEED Gold-certified building included the renovation of the lobby and addition of a landscaped outdoor plaza. The property has floorplates ranging between 23,634 and 35,291 square feet, as well as more than 26,300 square feet of retail space.<\/p>\n\n\n\n<p>Other major tenants at the high-rise include Bank of America, HedgeServ and Charles Schwab. Located between 43rd and 44th streets, the property is within walking distance of Rockefeller Center and the Empire State Building. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-manhattan-s-office-vacancy-rate-down-year-over-year\">Manhattan\u2019s office vacancy rate down year-over-year<\/h2>\n\n\n\n<p>Manhattan\u2019s office vacancy rate at the end of October clocked in at 13 percent, marking a 370-basis-point year-over-year decrease, according to a recent <a href=\"https:\/\/www.commercialsearch.com\/news\/office-report-hybrid-work-fuels-lasting-metro-reshaping\/\">Yardi Matrix office report<\/a>. This reflects broader <a href=\"https:\/\/www.commercialsearch.com\/news\/office-industry-trends-how-much-will-the-sector-change\/\">office real estate trends<\/a> that continue to show gradual improvement across key U.S. urban markets.<\/p>\n\n\n\n<p>The figure was also considerably below the 18.6 percent national average. The borough\u2019s average listing rate during the same month was $68.0, down 70 basis points from the same month of 2024.<\/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\/manhattans-office-sector-defies-national-slowdown\/\">Manhattan\u2019s Office Sector Defies National Slowdown<\/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>In July, <a href=\"https:\/\/www.commercialsearch.com\/news\/vornado-signs-200-ksf-tenant-in-manhattan\/\">Verizon signed<\/a> a 203,000-square-foot lease at Penn 2, a 1.6 million-square-foot tower in Midtown Manhattan. The company will relocate its New York City headquarters to Vornado Realty Trust\u2019s 31-story building in 2026.<\/p>\n\n\n\n<p>Other notable leasing agreements in the area include <a href=\"https:\/\/www.commercialsearch.com\/news\/silverstein-properties-secures-hq-lease-extension-expansion-in-nyc\/\">Clear Street\u2019s lease extension<\/a> and expansion at 4 World Trade Center. The fintech company will grow its headquarters to about 88,000 square feet and will continue to occupy the space for more than 10 years.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Durst Organization owns the 1.1 million-square-foot tower. <\/p>\n","protected":false},"author":3355,"featured_media":1004780461,"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":[32779,33492],"class_list":["post-1004780452","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brokerage","category-new-york","category-latest","category-northeast","category-office","tag-leed","tag-the-durst-organization"],"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>ING Expands to 154 KSF in Manhattan - Commercial Property Executive<\/title>\n<meta name=\"description\" content=\"ING Group has expanded its office presence at 1133 Avenue of the Americas in Manhattan to 153,915 square feet.\" \/>\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\/ing-expands-to-154-ksf-in-manhattan\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ING Expands to 154 KSF in Manhattan\" \/>\n<meta property=\"og:description\" content=\"ING Group has expanded its office presence at 1133 Avenue of the Americas in Manhattan to 153,915 square feet.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/ing-expands-to-154-ksf-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=\"2025-12-05T11:01:45+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-12-05T14:44:33+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/12\/1133-Avenue-of-the-americas-1-e1764928869744.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"640\" \/>\n\t<meta property=\"og:image:height\" content=\"480\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Vicentiu Fusea\" \/>\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\/ing-expands-to-154-ksf-in-manhattan\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/ing-expands-to-154-ksf-in-manhattan\/\",\"name\":\"ING Expands to 154 KSF in Manhattan - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/ing-expands-to-154-ksf-in-manhattan\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/ing-expands-to-154-ksf-in-manhattan\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/12\/1133-Avenue-of-the-americas-1-e1764928869744.jpg\",\"datePublished\":\"2025-12-05T11:01:45+00:00\",\"dateModified\":\"2025-12-05T14:44:33+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/6f90c90d1e85956f06679ddabc844412\"},\"description\":\"ING Group has expanded its office presence at 1133 Avenue of the Americas in Manhattan to 153,915 square feet.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/ing-expands-to-154-ksf-in-manhattan\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/ing-expands-to-154-ksf-in-manhattan\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/ing-expands-to-154-ksf-in-manhattan\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/12\/1133-Avenue-of-the-americas-1-e1764928869744.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/12\/1133-Avenue-of-the-americas-1-e1764928869744.jpg\",\"width\":640,\"height\":480,\"caption\":\"The 45-story building went through complete renovations in 2013. 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