30 Rock skyscraper now 100% leased — and thriving – Business News
An expensive new lease for international law firm Withers on the 54th ground of 30 Rock introduced the landmark skyscraper’s workplace flooring to 100% leased.
The deal for a comparatively small 33,000 sq. ft is a welcome morale-booster for landlord Tishman Speyer, which wants to exchange the building’s largest tenant, Deloitte, when it leaves behind 430,000 sq. ft in late 2028.
London-based Withers will transfer from close by 430 Park Ave. Tishman Speyer wouldn’t touch upon what the law firm is paying, however a brokerage source mentioned it was “significantly higher” than the $112 per sq. foot we reported in April 2025.
30 Rock is now 100% leased after London-based law firm Withers signed a lease for the 54th ground. Courtesy of Tishman Speyer
Tishman Speyer owns about two-thirds of 30 Rock’s workplace space; the remainder is owned by (*30*) for its NBC studios.
The legal eagles will get pleasure from quite a few tenant facilities via Tishman Speyer’s “Zo” program, which embody entry to a “clubhouse” lounge at close by 1 Rockefeller Plaza, retail reductions and simpler restaurant reservations.
The landlord’s Rock Center advanced with 6 million sq. ft of workplaces is thriving regardless of the looming Deloitte departure. Occupancy has risen from 93% to 98% since a $3.5 billion CMBS refinancing final October — spectacular in a Manhattan market the place availability is round 14%.
Just as remarkably, Rock Center’s historic unique buildings are a lot, a lot older than the newly-built “trophies” which are a lot more in demand than pre-war properties.
Tishman Speyer’s Rock Center advanced, with 6 million sq. ft of workplaces, is thriving regardless of the looming Deloitte departure. Courtesy of Tishman Speyer
The Withers transfer displays the property’s appeal to top-tier worldwide customers, a source mentioned. Tishman Speyer CEO Rob Speyer, above. Annie Wermiel/NY Post
“It speaks to [Tishman Speyer CEO] Rob Speyer’s determination to keep the place relevant with new infrastructure, new retail tenants and public improvements,” mentioned a brokerage source not concerned at 30 Rock.
“He has a lot of work forward to fill the Deloitte space, however the Withers transfer displays the property’s appeal to top-tier worldwide customers. This tenant selected 30 Rock once they had lots of different choices in Midtown.
“Speyer’s people have more than two years to find a new tenant or tenants, and I’d be shocked if they have much trouble,” the source mentioned.
Withers was repped by JLL’s Cynthia Wasserberger, Michael Berg, Bobby Blair and Sofia Bruno. Blythe Kinsler and Kate Walker acted for the owner in-house.
