Synthetic intelligence firms had been one of many pacers of Manhattan’s workplace leasing restoration final yr. They’re energetic once more to begin the yr and big Anthropic plans to hitch the enjoyable.
The startup behind the Claude chatbot is on the lookout for between 250,000 and 450,000 sq. toes for places of work in Manhattan, Bloomberg reported. Even on the low finish of the vary, a lease of that measurement would signify a big enlargement from the ten,000 to twenty,000 sq. toes it occupies at 155 Sixth Avenue, in response to CompStak; that lease is expiring this yr.
Anthropic declined to remark to the publication.
The corporate has proven little hesitance to make strikes on the workplace entrance. Within the fall, Anthropic signed a lease for roughly 100,000 sq. toes of workplace house at 505 Howard Road in downtown San Francisco, throughout the road from its headquarters.
The lease got here shortly after a $13 billion funding fundraise in September.
And whereas the AI sector is reworking San Francisco’s workplace market, tenants haven’t been shy about embracing house in New York Metropolis, both.
At first of this month, AI voice analytics firm Rilla inked a 57,000-square-foot lease at International Holdings’ 25 Kent in one of many borough’s largest workplace offers of the previous yr. The corporate will occupy the whole eighth-floor penthouse, together with almost 4,000 sq. toes of personal out of doors house, in response to the owner.
And simply this week, multifamily AI agency EliseAI signed a 10-year lease for 109,000 sq. toes on the Chetrit Group’s 401 Fifth Avenue in Midtown Manhattan. The AI agency, which focuses on housing and healthcare, will occupy roughly half the constructing because it relocates from 33 East thirty third Road.
Manhattan workplace leasing reached pre-pandemic ranges in the fourth quarter, posting its finest quarter since late 2019 with 11.9 million sq. toes in leases, in response to Colliers. That helped contribute to a yearly whole of almost 42 million sq. toes for the best mark since 2019.
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