Large Manhattan office tenants looking to leave current homes

Many large office tenants have their eyes on new digs — some of which would give them less space than their current locations as corporate consolidation remains a significant market factor.Sources said that French creative agency Havas, now at 200 Hudson St., is downsizing and is on the prowl for new digs elsewhere.Newmark tristate president David A.
Falk responded to our query, “We are evaluating all opportunities for Havas in the range of 350,000 square feet.”Also churning the rumor mill is technology-focused hedge fund 2 Sigma.Currently with a total of 500,000 square feet at 100 Sixth Ave.
and 101 Sixth across the street, it’s looking to consolidate into somewhere between 350,000-400,000 square feet in midtown or midtown south.The firm is repped by a Cushman & Wakefield team that includes Peter Trivelas and Tara Stacom, who didn’t get back to us.Also possibly on the move is AMC Networks at 11 Penn Plaza, which is said to be trolling for 200,000 square feet elsewhere.Meanwhile, Nomura Holdings is looking at Vornado’s Penn 2, as Bloomberg first reported.If it leaves all or part of its current 900,000 square feet at Worldwide Plaza (825 Eighth Ave.), where it has an exit option in 2027, it would leave more floors to re-fill for the tower’s owners, SL Green and RXR.The landlord partners recently modified a $940 CMBS loan enabling the property to leave special servicing.
The tower is still recovering from the loss last year of major tenant Cravath, Swain Moore. Leasing has been subdued since the huge surge in January and February, but medium-size deals are still getting doneAt 360 Lexington Ave.
at East 40th Street, longtime tenant Webster Bank signed an expansion and extension totaling 46,000 square feet.Insurance group Signers National will move to the building with a 15,000 square-foot new lease.The boutique tower was recently acquired by AmTrust RE, who plan to add a high-end tenants’ amenity space and to upgrade the facade...