{"id":1004810921,"date":"2026-09-02T03:00:02","date_gmt":"2026-09-02T11:00:02","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004810921"},"modified":"2026-09-08T07:30:28","modified_gmt":"2026-09-08T15:30:28","slug":"related-inks-150-ksf-lease-for-manhattan-office-project","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/related-inks-150-ksf-lease-for-manhattan-office-project\/","title":{"rendered":"Related Inks 150 KSF Lease for Manhattan Office Project"},"content":{"rendered":"\n<p><\/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\/2026\/01\/70_Hudson_Yards_Cropped-e1779881504188.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"1600\" height=\"1200\" data-attachment-id=\"1004782940\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/70_hudson_yards_cropped\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/01\/70_Hudson_Yards_Cropped-e1779881504188.jpg\" data-orig-size=\"1600,1200\" 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;&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=\"70_Hudson_Yards_Cropped\" data-image-description=\"&lt;p&gt;Cropped for featured image. Image in email from Related Cos. on 1.5.&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;70 Hudson Yards is expected to begin welcoming tenants in late 2028. Image courtesy of Related Cos.&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/01\/70_Hudson_Yards_Cropped-e1779881504188.jpg?w=1024\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/01\/70_Hudson_Yards_Cropped-e1779881504188.jpg\" alt=\"A rendering of 70 Hudson Yards\" class=\"wp-image-1004782940\" style=\"width:400px\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/01\/70_Hudson_Yards_Cropped-e1779881504188.jpg 1600w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/01\/70_Hudson_Yards_Cropped-e1779881504188.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/01\/70_Hudson_Yards_Cropped-e1779881504188.jpg?resize=768,576 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/01\/70_Hudson_Yards_Cropped-e1779881504188.jpg?resize=1024,768 1024w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/01\/70_Hudson_Yards_Cropped-e1779881504188.jpg?resize=1536,1152 1536w\" sizes=\"auto, (max-width: 1600px) 100vw, 1600px\" \/><\/a><figcaption class=\"wp-element-caption\">The future office tower at 625 Madison Ave. will be in proximity to Related Cos.&#8217; luxury office development 70 Hudson Yards in Columbus Circle. <em>Image courtesy of Related Cos.<\/em><\/figcaption><\/figure><\/div>\n\n\n<p>Growth equity firm General Atlantic has signed a 150,000-square-foot global headquarters lease at Related Cos.\u2019 625 Madison Ave., a 53-story office development in Manhattan\u2019s Plaza District. The tenant will occupy five floors and will anchor the future office tower.<\/p>\n\n\n\n<p>One other noteworthy large office lease in the Plaza District was the&nbsp;275,000-square-foot <a href=\"https:\/\/www.commercialsearch.com\/news\/bxp-lands-275-ksf-office-lease-in-manhattan\/\">commitment at BXP&#8217;s 343 Madison Ave.<\/a> Investment and insurance firm Starr inked a 20-year deal earlier this year at BXP&#8217;s office skyscraper, which is currently under construction. The project is scheduled for completion in 2029.<\/p>\n\n\n\n<p>Other <a href=\"https:\/\/www.commercialsearch.com\/news\/how-office-developments-returning-to-the-top-tier\/\">Class A office projects underway<\/a> in the Plaza District include Extell Development&#8217;s 655 Madison Ave., a 233,000-square-foot future mid-rise, as well as Rolex&#8217;s future U.S. headquarters, at 665 Fifth Ave., a 25-story asset scheduled for delivery this year, according to Yardi Matrix information.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-the-old-makes-way-for-the-new-at-625-madison-ave\">The old makes way for the new at 625 Madison Ave.<\/h2>\n\n\n\n<p>Designed by Foster + Partners and Gensler, the 858,500-square-foot tower at 625 Madison Ave. is slated for completion in 2029. Vertical construction at the 680-foot development began this summer. The high-rise is among the first new, ground-up Class AA office projects launched in the Plaza District in recent years.<\/p>\n\n\n\n<p>Related Cos. <a href=\"https:\/\/www.commercialsearch.com\/news\/sl-green-sells-625-madison-ave-inks-new-leases\/\">paid $632.5 million to SL Green<\/a> in 2023 to purchase the former office building, completed in the 1950s. The new ownership demolished the previous 17-story property and began construction on the same parcel. Initial plans for the new 625 Madison Ave. called for a 66-story multifamily tower, <a href=\"https:\/\/newyorkyimby.com\/2025\/12\/demolition-complete-for-1264-foot-supertall-at-625-madison-avenue-in-midtown-east-manhattan.html?utm_source=chatgpt.com\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">New York YIMBY<\/a> wrote last winter, with 101 luxury condominium units and 75,000 square feet of retail space.<\/p>\n\n\n\n<p>Upon completion, Related Cos.&#8217;s office property will be in proximity to the firm&#8217;s other office assets in the Central Park area, namely the 1.8 million-square-foot Deutsche Bank Center at 10 Columbus Circle and the upcoming 1.4 million-square-foot <a href=\"https:\/\/www.commercialsearch.com\/news\/related-cos-oxford-properties-complete-2-5b-capitalization-of-hudson-yards-tower\/\">70 Hudson Yards office development<\/a> at 517 W. 36th St.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The anchor tenant will establish its global headquarters in the planned skyscraper.<\/p>\n","protected":false},"author":3619,"featured_media":1004782940,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21784,21782,21808,1600,21742,10,21747],"tags":[32879,33012,32952],"class_list":["post-1004810921","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brokerage","category-development","category-featured","category-new-york","category-latest","category-northeast","category-office","tag-foster-partners","tag-gensler","tag-related-companies"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - 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