KPMG plans to relocate its headquarters to Two Manhattan West, a new building in Midtown Manhattan's West Side of New York City that is under construction by Brookfield Properties. It will lease 450,000 square feet at the 58-story office tower, which is scheduled for completion in early 2023. KPMG will be moving 5,000 employees to the 1.9 million square foot skyscraper.
KPMG currently occupies space at 345 Park Ave., its headquarters, as well as 560 Lexington Ave. and 1350 Sixth Ave.
Two Manhattan West is connected to Moynihan Train Hall via a crosswalk and offers direct access to the High Line, the Shed, Madison Square Garden and Penn Station/Penn District.
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KPMG joins two other tenants at Two Manhattan West: Cravath, Swaine & Moore LLP, which signed on as the anchor tenant in 2019, occupying 25% of the building and approximately 481,000 square feet, and Clifford Chance, which signed in 2022 for approximately 144,000 square feet. The building is now 56% leased. The rest of the office space at Manhattan West is nearly fully leased as well.
"Manhattan West continues to attract leading companies making long-term commitments to New York City and seeking sustainable properties, access to transit and a variety of places to dine and shop, Brian Kingston, CEO of Real Estate at Brookfield, says in prepared remarks.
KPMG was represented by Michael Geoghegan, Lewis Miller, Joseph Cabrera, Douglas Lehman and Cara Chayet of CBRE. Brookfield Properties was represented in-house by Jeremiah Larkin, Duncan McCuaig, Mikael Nahmias, PJ Massey and Dave Caperna, as well as Bruce Mosler, Josh Kuriloff, Rob Lowe, Ethan Silverstein, Matthias Li and Nicholas Dysenchuk of Cushman & Wakefield.
Designed by Skidmore, Owings & Merrill, Two Manhattan West is targeting LEED Gold designation.
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Erika Morphy
Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.
