One World Trade Center

What One World Trade Center does

One World Trade Center is a 104-story, 1,776-foot commercial office skyscraper in Lower Manhattan's World Trade Center complex, comprising approximately 3 million square feet of office and retail space. It is the tallest building in the Western Hemisphere and, as of September 2016, the first skyscraper at that height to achieve LEED Gold certification. The property is owned by Tower 1, Joint Venture LLC — a partnership between The Durst Organization (a 100-year-old family-owned real estate company that handles leasing and operations) and the Port Authority of New York & New Jersey. Newmark serves as co-exclusive leasing agent alongside Durst. Skidmore, Owings & Merrill (SOM) designed the tower; Tishman Construction (now AECOM) managed construction; and WSP and Jaros, Baum & Bolles provide engineering services.

The building generates revenue primarily through commercial office leasing across a tiered product set: Durst Ready (furnished, wired, move-in-ready suites with flexible terms), Prebuilt Office Spaces (collaborative column-free layouts with immediate occupancy), Fully Customizable build-to-suit full and partial floors, and premium Penthouse I & II top floors at 23-foot ceilings. Pricing is quote-based, structured as multi-year subscription leases; historical asking rents are approximately $82 per square foot on premium floors. Ancillary revenue is generated by a 25,000-square-foot tenant amenity center (Well& by Durst on the 64th floor) and rooftop broadcast infrastructure supporting ATSC 3.0 (NextGen TV) delivery to approximately 7.45 million NYC households via Radio Frequency Systems antennas.

The target customer base is enterprise tenants across TAMI (Technology, Advertising, Media, Information — 26 tenants including 20 tech firms, the largest such cluster in NYC), financial services (Ameriprise Financial, LMAX Group, Venerable, NY Life Insurance), legal (Frier Levitt), and media (Condé Nast, W Magazine, Stagwell, MDC Partners). Notable transactions include Stagwell's approximately 200,000 SF consolidation on floors 64-69, Scale AI's ~80,000 SF, ECP's 70,000 SF, and Norm Ai's ~64,313 SF. Go-to-market combines enterprise field sales through Durst and Newmark brokerage teams with a direct-inquiry channel via the building's website. As of 2025-2026 the building is at approximately 95% leased and is the most active building in Lower Manhattan by transaction count and square footage, with 70 transactions since 2020 totaling 1.2 million square feet.

Name

One World Trade Center

Legal name

Tower 1, Joint Venture LLC

Website

https://onewtc.com

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

11–50 employees

Short description

One World Trade Center is a 1,776-foot LEED Gold-certified office skyscraper in Lower Manhattan. Co-owned by Durst Organization and Port Authority of NY/NJ, it leases 3 million square feet of Class A office space to enterprise tenants in tech, financial, and legal sectors.

Ownership category

akta.pro rank

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Operations, Personnel, Marketing or Sales, Technology or R&D

Revenue model

1. Commercial Office Leasing: One World Trade Center generates revenue through commercial office leasing. The building offers various space configurations including fully customizable raw space, prebuilt collaborative layouts, and Durst Ready furnished spaces. Tenants sign leases for full floors, partial floors, or penthouse spaces. The building was reported 95% leased as of 2024-2025, indicating strong occupancy and steady rental income from long-term commercial leases.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

One World Trade Center is a 104-story, 1,776-foot LEED Gold-certified commercial office skyscraper in Lower Manhattan offering approximately 3 million square feet of Class A office and retail space. The building provides a portfolio of workspace solutions including fully customizable raw space, prebuilt collaborative layouts, and Durst Ready furnished move-in ready offices, alongside premium penthouse floors and a 25,000 SF tenant-only amenity center (Well& by Durst) on the 64th floor.

Product overview

One World Trade Center is a single unified commercial office building offering a portfolio of workspace solutions. The core offering is the 104-story LEED Gold-certified office tower, complemented by Durst Ready (furnished move-in ready spaces), Prebuilt Office Spaces (collaborative layouts with flexible terms), and Fully Customizable Office Spaces for custom build-outs. The Well& by Durst amenity program on the 64th floor (25,000 SF) provides tenants with conference rooms, event spaces, common areas, and café services. Penthouse I & II represent premium top-floor offerings with panoramic views.

Differentiator

Problem solved

Functional benefit

Products and services

• Durst Ready Furnished, wired, move-in ready office space combining the agility of private office solutions with the service, prestige, and reliability of a 100-year-old, family-owned real estate company. Designed for businesses seeking immediate occupancy with flexible terms.
• Prebuilt Office Spaces Prebuilt collaborative-layout office spaces with column-free floors, flexible lease terms, immediate occupancy, and customizable configurations tailored to evolving business needs.
• Fully Customizable Office Spaces Full and partial floor raw office space with soaring ceilings and expanses of glass awaiting custom build-outs tailored to specific tenant business requirements.
• Penthouse I & II The highest office floors in the nation at 104 stories, featuring 23-foot ceilings, double-height windows, and 360-degree views from Midtown to the Harbor, Hudson to the East River, at 1,776 feet. Penthouse II offers 12,908–45,951 SF and Penthouse I offers 33,043–45,951 SF.
• Well& by Durst Amenity Center A 25,000 SF tenant-exclusive amenity space on the 64th floor featuring flexible conference rooms, meeting and event spaces, common areas, and a café with state-of-the-art technology. Serves as a business and social hub fostering creativity and collaboration for One World Trade Center tenants and their guests.

Quantifiable outcome

• 95%+ occupancy rate, exceeding pre-pandemic levels
• +3 more outcomes

Named customers14 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Seven partnerships are on record, tiered core and major.

• The Durst OrganizationcoreOthersThe Durst Organization is the co-owner and property manager of One World Trade Center alongside the Port Authority of New York and New Jersey. As a 100-year-old family-owned real estate company, Durst is committed to innovation, integrity, community, and sustainability. They build, own, and operate innovative and efficient buildings, handling all leasing, management, and property operations.
• Port Authority of New York and New JerseycoreOthersThe Port Authority of New York and New Jersey is the co-owner of One World Trade Center, conceiving, building, operating, and maintaining infrastructure critical to the New York/New Jersey region's trade and transportation network. The Port Authority oversees the World Trade Center complex including the Transportation Hub, retail areas, and office towers.
• NewmarkcoreChannel Partner/ Reseller/ DistributorNewmark serves as co-executive leasing agent for One World Trade Center. As an acknowledged leader in New York's business community, Newmark provides integrated services including leasing advisory, investment sales, financial services, consulting, project management, and facilities management to meet diverse tenant needs.
• Skidmore, Owings & Merrill LLP (SOM)coreStrategic or Co-development PartnerSOM served as the primary architectural consultant for One World Trade Center. One of the world's largest architectural firms specializing in high-end commercial buildings, SOM has designed many of the world's tallest buildings including Burj Khalifa, Sears Tower, and John Hancock Center. They provided architecture, structural engineering, and sustainable design services.
• WSPmajorStrategic or Co-development PartnerWSP serves as a design engineering and management consultancy for One World Trade Center. The global firm specializes in property, transport & infrastructure, and industry projects, providing comprehensive engineering solutions for the building's systems.
• Jaros, Baum & Bolles (JB&B)majorStrategic or Co-development PartnerJB&B serves as mechanical, electrical, and building services engineering consultant for One World Trade Center, specializing in all aspects of building services for the skyscraper's complex systems.
• Tishman Construction / AECOMmajorImplementation/ SI/ Consulting PartnerTishman Construction (now part of AECOM) provided construction management services for One World Trade Center. Tishman is one of the world's leading builders, ranked No. 1 Construction Manager by New York Construction, offering comprehensive construction solutions from project concept to completion and commissioning.

Scale indicators8 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Empire State Realty Trust: Publicly-traded REIT whose flagship asset is the Empire State Building — a single-iconic NYC trophy office tower with retail and observatory. Most directly comparable single-asset-class profile to OWTC, sharing iconic symbolism, Class A office leasing, mixed retail, and broadcast/transit revenue streams at the Empire State Building.
• The Spiral (Tishman Speyer): Trophy Class A office tower at 66 Hudson Boulevard in Manhattan's Hudson Yards submarket, leased to Pfizer as anchor. Tishman Speyer is a leading trophy office developer/operator; The Spiral competes directly with OWTC for premium-tenant relocations seeking modern, sustainable, large-floor office space in NYC.
• Vornado Realty Trust: NYC office-concentrated REIT owning trophy Manhattan office assets including 1290 Avenue of the Americas, 555 California Street, and PENN1. Comparable for Class A NYC trophy office leasing model, premium pricing strategy, and concentration in established Manhattan submarkets.
• SL Green Realty: Manhattan's largest office REIT with a portfolio focused on Class A and trophy office buildings. Operates similar Class A NYC office leasing dynamics at scale, including prebuilt/turnkey offerings and a heavy concentration of financial-services tenants.
• Hudson Yards (Related Companies / Oxford Properties): Mixed-use trophy office complex on Manhattan's West Side featuring 30 Hudson Yards and 55 Hudson Yards as flagship office towers. Direct competitor for premium-tenant relocations within NYC, with newer infrastructure positioning as a flight-to-quality alternative to OWTC.
• Brookfield Place (Brookfield Property Partners): Lower Manhattan trophy office complex immediately adjacent to OWTC at the World Trade Center area, operated by Brookfield Property Partners. Direct same-submarket competitor for Lower Manhattan financial-services and corporate tenants, sharing the WTC Transportation Hub catchment area.
• Bank of America Tower (Midtown Manhattan): Trophy Class A office tower at 1 Bryant Park, Midtown Manhattan, operated by BXP (Boston Properties). Comparable icon-class LEED Platinum certified office building competing for the same enterprise tenant pool seeking prestigious Manhattan addresses with sustainability credentials.

Regional players

• Willis Tower (Chicago): Chicago's iconic office tower, once the world's tallest building, repositioned with mixed office, retail and observation uses. Comparable trophy-asset strategy to OWTC combining iconic symbolism with Class A office leasing across multiple revenue streams (office, retail, broadcast antenna, tourism).
• Salesforce Tower (Transbay / San Francisco): Tallest office tower on the U.S. West Coast and a comparable trophy asset in San Francisco's Transbay district. Similar product profile (iconic skyline-defining trophy Class A office tower at transit hub) for the largest-tenant-by-SF and prestige-pricing dynamics, although in a different regional office market.
• Comcast Technology Center (Philadelphia): Trophy Class A LEED Platinum office tower in Philadelphia anchoring a major tenant's global headquarters, with similar branding as tallest/most-modern in market. Useful comparison for trophy-asset single-tenant economics and premium-pricing dynamics outside NYC.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/onewtc
• Facebookfacebook.com/onewtc
• Instagraminstagram.com/one_wtc
• LinkedInlinkedin.com/company/one-world-trade-center-llc

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about One World Trade Center