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Deals & Dealmakers

Brookfield signs NHL at Manhattan West

Brookfield Property Partners announced the National Hockey League (NHL) agreed to a long-term lease for its headquarters at One Manhattan West, the firm’s 2.1-million-square-foot office tower currently under construction.

The NHL has agreed to occupy roughly 160,000 s/f on five floors of the tower, which is expected to be completed in 2019.

The NHL has also agreed to a retail lease of up to 15,000 s/f for an NHL Store to feature fan experiences within the central retail corridor of Manhattan West.

“Manhattan West will be a vibrant and distinctive community, and we are thrilled that the NHL will be a part of it,” said Ric Clark, senior managing partner and chairman, Brookfield Property Group.

“The leadership and employees of the NHL will benefit not only from the modern features and prime location of One Manhattan West, but also the unparalleled mix of retail and dining amenities and the beautiful public plaza that will be central to Manhattan West.”

Manhattan West is a seven-acre, six-building complex located in Manhattan’s new Hudson Yards district.
Stretching from 9th Avenue to 10th Avenue and 31st Street to 33rd Street, Manhattan West will include more than five million square feet of class-A office space, luxury apartments, a boutique hotel, retail amenities, chef-inspired culinary options, and two acres of open space.

One Manhattan West is rising on the northeast corner of the site at Ninth Avenue and 33rd Street.
The NHL expands the tenant roster of the building, joining anchor tenant Skadden, Arps, Slate, Meagher, & Flom LLP, and the building is now nearly 40 percent leased.

It is the first of two major office buildings to be built at the site, with the construction of Two Manhattan West planned for a future start.

Two other commercial buildings comprise the remaining office space: Five Manhattan West, which has been completely renovated and re- launched as a collaborative urban space with large floor plates and floor-to-ceiling glass; and “The Lofts,” a boutique, 13-story building that features concrete slabs and exposed I-beam columns.

Manhattan West will have a two-acre public plaza that includes landscaped gardens and street-front retail. A 62-story luxury residential tower is expected to open Spring of 2017 with 844 luxury units designed by Roman and Williams.

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