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Why tenants are inking deals in NYC’s unbuilt office towers

22 January 2026
in Lifestyle
Reading Time: 4 mins read
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Why tenants are inking deals in NYC’s unbuilt office towers
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Prime Midtown office buildings are so full that the largest tenants are inking leases for towers that won’t open their doors for another five to seven years.

Citadel has leased part of the future 350 Park Ave. Deloitte is moving from Rockefeller Center to 70 Hudson Yards, now in development. C.V. Starr is going to the eventual 343 Madison Ave. And Simpson Thacher snagged the lower portion of Gary Barnett’s 570 Park Ave. — which, sources said, is being redesigned into a larger, 1.6 million-ish square feet to accommodate the law firm’s growth and attract other tenants that will pay more for the top of that tower.

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