{"id":377501,"date":"2026-10-20T01:48:17","date_gmt":"2026-10-20T01:48:17","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ny\/377501\/"},"modified":"2026-10-20T01:48:17","modified_gmt":"2026-10-20T01:48:17","slug":"data-software-firm-databricks-doubles-down-with-120k-sf-at-5-bryant-park-commercial-observer","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ny\/377501\/","title":{"rendered":"Data Software Firm Databricks Doubles Down With 120K SF at 5 Bryant Park \u2013 Commercial Observer"},"content":{"rendered":"<p>Data software company <a href=\"https:\/\/commercialobserver.com\/company\/databricks\/\" title=\"Databricks\" class=\"company-link\" rel=\"nofollow noopener\" target=\"_blank\">Databricks<\/a> has doubled its office footprint at 5 Bryant Park less than a year after its arrival.<\/p>\n<p>The company inked the major lease expansion to accommodate the expanding headcount of its New York City-based research, development and engineering hub, according to a Databricks <a target=\"_blank\" rel=\"noopener nofollow\" href=\"https:\/\/www.databricks.com\/blog\/databricks-doubling-down-new-york-city-premier-ai-talent-hub\">blog post<\/a> on Monday. Its doubled office space now spans a total of 120,000 square feet across five floors of the <a href=\"https:\/\/commercialobserver.com\/company\/savanna\/\" title=\"Savanna\" class=\"company-link\" rel=\"nofollow noopener\" target=\"_blank\">Savanna<\/a>-owned tower.\u00a0<\/p>\n<p>SEE ALSO: <a href=\"https:\/\/commercialobserver.com\/2026\/10\/observer-media-lease-1330-avenue-of-the-americas\/\" rel=\"nofollow noopener\" target=\"_blank\">Observer Media Relocates Offices to 1330 Avenue of the Americas<\/a><\/p>\n<p>The exact square footage of Databricks\u2019 expansion at the 34-story building, also known as 1065 Avenue of the Americas, was not disclosed, nor was its lease term and asking rent. Class A office asking rents in Midtown averaged $91.08 per square foot in the third quarter of this year, according to Colliers.<\/p>\n<p>It was also unclear whether Savanna or Databricks worked with outside brokers on the deal, which was first reported by the <a target=\"_blank\" rel=\"noopener nofollow\" href=\"https:\/\/nypost.com\/2026\/10\/18\/business\/ai-company-databricks-doubling-footprint-at-5-bryant-park\/\">New York Post<\/a>. Savanna\u2019s website for the building currently lists a team of <a href=\"https:\/\/commercialobserver.com\/company\/cbre\/\" title=\"CBRE\" class=\"company-link\" rel=\"nofollow noopener\" target=\"_blank\">CBRE<\/a> brokers as its leasing representatives. Spokespeople for Savanna and CBRE did not respond to requests for comment.<\/p>\n<p>Databricks provides data services to more than 20,000 organizations, according to its LinkedIn profile, including Adidas, Bayer, Mastercard and Unilever. The company was founded in 2013 in San Francisco, and today lists 17 offices globally. Databricks announced its arrival at 5 Bryant Park <a target=\"_blank\" rel=\"noopener nofollow\" href=\"https:\/\/www.databricks.com\/blog\/databricks-doubling-down-new-york-city-premier-ai-talent-hub\">back in January<\/a>, and now claims \u201cone of the largest concentrations of AI research talent in the city.\u201d\u00a0<\/p>\n<p>In a blog post on Monday, Databricks\u2019 Tasso Argyros tied the recent expansion to New York City\u2019s thriving technology and artificial intelligence industry.\u00a0<\/p>\n<p>\u201cThe expansion will include a dedicated engineering and research floor purpose-built for focused R&amp;D work, alongside enhanced spaces for our go-to-market teams, an executive briefing center, and room for significant future growth,\u201d Argyros wrote.<\/p>\n<p>Other tenants in the 680,000-square-foot building between West 40th and West 41st streets include <a href=\"https:\/\/commercialobserver.com\/2020\/11\/architect-hok-staying-at-5-bryant-park-for-another-decade\/\" rel=\"nofollow noopener\" target=\"_blank\">architectural firm<\/a> HOK, food delivery platform Grubhub and payroll servicing firm CBIZ.\u00a0<\/p>\n<p>Savanna previously undertook <a href=\"https:\/\/commercialobserver.com\/2021\/02\/5-bryant-park-gets-a-clean-redesign-with-a-restored-1950s-mural\/#slide6\" rel=\"nofollow noopener\" target=\"_blank\">a full lobby and entrance renovation<\/a> after acquiring the tower in 2018, and rounded out 2025 with a $510 million refinancing for the office property, <a href=\"https:\/\/commercialobserver.com\/2025\/12\/savanna-5-bryant-park-king-street-blue-owl\/\" rel=\"nofollow noopener\" target=\"_blank\">Commercial Observer previously reported<\/a>.<\/p>\n<p>Emily Davis can be reached at <a href=\"https:\/\/commercialobserver.com\/2026\/10\/databricks-lease-expansion-5-bryant-park-savanna\/mailto:edavis@commercialobserver.com\" rel=\"nofollow noopener\" target=\"_blank\">edavis@commercialobserver.com<\/a>.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"Data software company Databricks has doubled its office footprint at 5 Bryant Park less than a year after&hellip;\n","protected":false},"author":2,"featured_media":377502,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35],"tags":[138797,66912,2361,75,84,83,9,24,63,2362,138798],"class_list":["post-377501","post","type-post","status-publish","format-standard","has-post-thumbnail","category-manhattan","tag-1065-avenue-of-the-americas","tag-5-bryant-park","tag-leases","tag-manhattan","tag-manhattan-headlines","tag-manhattan-news","tag-new-york","tag-new-york-city","tag-nyc","tag-office-leases","tag-tasso-argyros-channel"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/377501","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/comments?post=377501"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/377501\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/377502"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=377501"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=377501"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=377501"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}