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375 Pearl St. 375 Pearl St. in Lower Manhattan

NEW YORK CITY— Rafael Viñoly Architects has signed a 20-year agreement with Sabey Data Center Properties, leasing 36,550 square feet, the entire 31st floor at 375 Pearl St. The asking rent for this top floor at the new location was $70 per square foot. In 2019, the architecture firm will move its headquarters from 50 Vandam St. in Hudson Square, where it has resided for 28 years.

Known as the Verizon Building, One Brooklyn Bridge Plaza and Intergate.Manhattan, it was once used as a telephone switch center. (Remember “telephone switch operators”?) Now, 375 Pearl St. houses New York City’s largest, newest and most secure data center, according to Sabey. The Verizon sign incontestably identifies the structure from a distance. 

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Betsy Kim

Betsy Kim was the bureau chief, East Coast, and New York City reporter for Real Estate Forum and GlobeSt.com. As a lawyer and journalist, Betsy has worked as the director of editorial and content for LexisNexis Lawyers.com, a TV/multi-media journalist for NBC and CBS affiliated TV stations in the Midwest, and an associate producer at Court TV.

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