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Skyline-Changing Tower on Manhattan’s West Side Lures Who’s Who List of Tenants

Commercial Development of the Year in New York
Tishman Speyer's the Spiral office tower in Manhattan features cascading terraces and hanging gardens as its signature element. (CoStar)
Tishman Speyer's the Spiral office tower in Manhattan features cascading terraces and hanging gardens as its signature element. (CoStar)
CoStar News
March 31, 2023 | 11:00 AM

In New York, a city that’s already known for its list of iconic skyscrapers, Tishman Speyer’s new 66-story office development on the far west side of Manhattan, the Spiral, was designed to make that list.

Rising over 1,000 feet and featuring cascading landscaped terraces and hanging gardens as its signature element, the 2.87 million-square-foot Spiral office building at 66 Hudson Blvd. has become a telling example of what well-resourced tenants covet in their workplace especially as New York and the broader U.S. commercial market struggles with the fallout of the pandemic and the remote working trend.

Major corporate names across different sectors, including drugmaker Pfizer, law firm Debevoise & Plimpton, banking giant HSBC, and asset manager AllianceBernstein, have all inked leases at the tower designed by Bjarke Ingels Group. The exterior of the building isn’t the only thing that defines the skyscraper. Its lobbies, also designed by Bjarke Ingels Group with the interior put together by Space Copenhagen, feature what the developer bills as “thought-provoking art” such as Studio Drift's upside-down kinetic mechanical flowers that open and close in synchronized motion.

The tower, speaking to today’s tenant demand for desirable amenities, features a clubhouse with panoramic city views on the top 66th floor that comes with an open-air terrace, furnished lounge, and grab-and-go food and beverage options.

With relevant eateries playing a key role as part of prized office amenities, the tower has signed chef Erik Ramirez and restaurateur Juan Correa, the team behind acclaimed Peruvian/Japanese restaurants Llama San in Manhattan’s West Village and Llama Inn in Brooklyn’s Williamsburg, to open a Peruvian-Japanese restaurant as an anchor retail concept.

The Spiral expects to help HSBC lower its total energy consumption by 60% as part of the legally binding environmental commitments in its lease. The building’s design, meanwhile, will save 4.5 million gallons of water per year, Tishman Speyer said.

The project won a 2023 CoStar Impact Award for best commercial development of the year in New York, as judged by real estate professionals familiar with the market.

About the project: The office tower occupies the entire block between West 34th and 35th streets. Pfizer will be the anchor tenant at the building, with a footprint spanning 14 floors and totaling what CoStar data shows as 746,000 square feet. Debevoise & Plimpton is the second-largest tenant with over 530,000 square feet, according to CoStar data.

What the judges said: The development “demonstrated the greatest level of architectural impact, sustainability, workplace creativity and impact to the market as evidenced by the current tenant roster,” said Andrew Judd, chief operating officer of JRT Realty Group.

They made it happen: Tishman Speyer’s team included Senior Managing Director and Regional Director Chris Shehadeh, Senior Managing Director of Design and Construction Chris McCartin, Managing Director of Design and Construction Patrick Shiels, Managing Director of Leasing Greg Conen, Senior Managing Director and Global Head of Debt Randall Rothschild, Senior Managing Director of Global External Relations and Business Development Michelle Adams, Senior Managing Director and Co-Head of U.S. Acquisitions and Global Capital Markets and Global Joint-Venture Transactions Paul Galiano, Managing Director and Co-Head of New York Acquisitions Albert Schmool, and Managing Director of Development Amir Sperling.

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