Midtown Tower Leases 90% of Building

On December 8th of 2025, Vornado Realty Trust has successfully pushed occupancy past the 90 percent mark at its 1290 Sixth Avenue office tower following a recent surge in leasing activity.

Key Aspects Of The New Leases

The Midtown Manhattan property secured two new lease agreements that total 93,000 square feet and propel the building to this new occupancy milestone. A primary driver of this activity is Portage Point Partners. The investment banking and restructuring firm committed to 55,000 square feet and will relocate its operations from 640 Fifth Avenue to accommodate an expansion.

These latest deals highlight the effectiveness of the major capital upgrades Vornado has implemented at the 2 million square foot tower to attract occupiers. The building also counts the Trump Organization as a passive minority stakeholder. Continued demand for upgraded Class A space in the corridor suggests a positive outlook for the asset as it secures these long term commitments.

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