Condé Nast Deal a Game-Changer for Lower Manhattan
Robert R. Douglass, Chairman of the Alliance for Downtown New York, and Elizabeth H. Berger, President, issued the following statement today after the Board of Commissioners for the Port Authority of New York and New Jersey ratified an agreement with Condé Nast Publications for the lease of one million square feet of space at 1 World Trade Center:
“For many decades, the world has looked to The New Yorker, Vogue, Vanity Fair, Wired and other Condé Nast titles to know what's important in politics, literature, fashion and style. These visionary magazines define the cutting edge of American culture and society. Today's landmark agreement between Condé Nast and the Port Authority firmly places Lower Manhattan at the cutting edge of the global marketplace and sets the tone for a new wave of leasing activity.
“With the decision to relocate to Lower Manhattan, New York's newest media hub, Condé Nast is leading the way for successful, innovative companies who know that the ability to attract and retain talent depends not only on iconic architecture, "green" buildings and great views, but also on unparalleled access to regional transportation, culture, dining, residential life and the ability to walk to work. That's Lower Manhattan, and we welcome and applaud the district's newest tenant, Condé Nast.”