{"id":91258,"date":"2026-01-06T17:51:03","date_gmt":"2026-01-06T17:51:03","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ny\/91258\/"},"modified":"2026-01-06T17:51:03","modified_gmt":"2026-01-06T17:51:03","slug":"natixis-relocates-nyc-office-to-203k-sf-at-1633-broadway-commercial-observer","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ny\/91258\/","title":{"rendered":"Natixis Relocates NYC Office to 203K SF at 1633 Broadway \u2013 Commercial Observer"},"content":{"rendered":"<p><a href=\"https:\/\/commercialobserver.com\/company\/natixis\/\" title=\"Natixis\" class=\"company-link\" rel=\"nofollow noopener\" target=\"_blank\">Natixis<\/a> is taking its business elsewhere in Midtown.<\/p>\n<p>The Paris-based financial services company signed a long-term lease for 202,875 square feet at <a href=\"https:\/\/commercialobserver.com\/company\/rithm-capital\/\" title=\"Rithm Capital\" class=\"company-link\" rel=\"nofollow noopener\" target=\"_blank\">Rithm Capital<\/a>\u2019s 1633 Broadway, according to a fourth-quarter office report from <a href=\"https:\/\/commercialobserver.com\/company\/savills\/\" title=\"Savills\" class=\"company-link\" rel=\"nofollow noopener\" target=\"_blank\">Savills<\/a>.<\/p>\n<p>SEE ALSO: <a href=\"https:\/\/commercialobserver.com\/2026\/01\/ai-elevenlabs-lease-kpg-funds-40-crosby-street\/\" rel=\"nofollow noopener\" target=\"_blank\">AI Firm ElevenLabs Takes 12K SF at KPG Funds\u2019 40 Crosby Street<\/a><\/p>\n<p>The deal represents a relocation for Natixis, which will leave its current office two blocks away at 1251 Avenue of the Americas.<\/p>\n<p>The length of the lease and the asking rent were unclear, but asking rents at 1633 Broadway range between $64 and $84 per square foot, according to a source.<\/p>\n<p><a href=\"https:\/\/commercialobserver.com\/company\/cushman-wakefield\/\" title=\"Cushman &amp; Wakefield\" class=\"company-link\" rel=\"nofollow noopener\" target=\"_blank\">Cushman &amp; Wakefield<\/a>\u2019s Robert Lowe brokered the deal. Rithm Capital declined to comment, while spokespeople for C&amp;W, Natixis and CBRE \u2014 which is <a target=\"_blank\" rel=\"noopener nofollow\" href=\"https:\/\/www.cbre.com\/properties\/properties-for-lease\/office\/details\/US-SMPL-162963\/1633-broadway-new-york-ny-10019\">marketing the property on its website<\/a> \u2014 did not immediately respond to requests for comment.<\/p>\n<p>News of the deal comes after Rithm Capital acquired <a href=\"https:\/\/commercialobserver.com\/company\/paramount-group\/\" title=\"Paramount Group\" class=\"company-link\" rel=\"nofollow noopener\" target=\"_blank\">Paramount Group<\/a> and its entire New York City office portfolio for approximately $1.6 billion in December, <a href=\"https:\/\/commercialobserver.com\/2025\/12\/paramount-group-shareholders-approve-1-6b-rithm-acquisition\/\" rel=\"nofollow noopener\" target=\"_blank\">as Commercial Observer previously reported<\/a>.<\/p>\n<p>That deal involved 1633 Broadway \u2014 known as Paramount Plaza \u2014 as well as 31 West 52nd Street, 1301 Avenue of the Americas, 1325 Avenue of the Americas, 745 Fifth Avenue and 1600 Broadway.<\/p>\n<p>Natixis\u2019 relocation to the 48-story 1633 Broadway \u2014 between West 50th and West 51st streets \u2014 represents one of the largest leases of the fourth quarter of 2025. The deal followed Bloomberg\u2019s 495,753-square-foot renewal at 120 Park Avenue, Moody\u2019s 460,000-square-foot deal at 200 Liberty Street, Millennium Management\u2019s 438,000-square-foot renewal at 399 Park Avenue, the New York Office of the Attorney General\u2019s 378,438-square-foot expansion at 28 Liberty Street, and Ropes &amp; Gray\u2019s 376,903-square-foot renewal at 1211 Avenue of the Americas.<\/p>\n<p>December 2025 also represented the highest leasing month of the fourth quarter, with 3.2 million square feet of deals signed during the month, according to a report from Cushman &amp; Wakefield. For all of 2025, Manhattan office leasing totaled nearly 31 million square feet, the largest annual total since 2019, C&amp;W said.<\/p>\n<p>Isabelle Durso can be reached at <a href=\"https:\/\/commercialobserver.com\/2026\/01\/natixis-relocates-office-1633-broadway\/mailto:idurso@commercialobserver.com\" rel=\"nofollow noopener\" target=\"_blank\">idurso@commercialobserver.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"Natixis is taking its business elsewhere in Midtown. The Paris-based financial services company signed a long-term lease for&hellip;\n","protected":false},"author":2,"featured_media":91259,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[43216,3624,2361,9,56,63,65,64,43215,43217,38992],"class_list":["post-91258","post","type-post","status-publish","format-standard","has-post-thumbnail","category-new-york-city","tag-1633-broadway","tag-channel","tag-leases","tag-new-york","tag-ny","tag-nyc","tag-nyc-headlines","tag-nyc-news","tag-office-leases-1251-avenue-of-the-americas","tag-paramount-plaza","tag-robert-lowe"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/91258","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=91258"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/91258\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/91259"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=91258"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=91258"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=91258"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}