James A. Farley Post Office

Midtown, real estate trends, Top Stories

Rendering courtesy of Vornado Realty Trust

Facebook has signed a lease for 730,000 square feet at the former James A. Farley Post Office, a Midtown landmark currently being converted into a mixed-use building, Vornado Realty Trust announced Monday. Reports of the deal first surfaced last December, but the coronavirus pandemic put into question the need for massive office space with thousands of workers. But Gov. Andrew Cuomo said the deal shows New York’s resilience as the city recovers from the crisis. “Vornado’s and Facebook’s investment in New York and commitment to further putting down roots here – even in the midst of a global pandemic – is a signal to the world that our brightest days are still ahead and we are open for business,” Cuomo said in a statement. “This public-private partnership fortifies New York as an international center of innovation.”

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Midtown West, real estate trends

Penn-Farley Complex, Moynihan Station, Farley Post Office, Moynihan Train Hall

Rendering courtesy of Skidmore, Owings & Merrill via Gov. Andrew Cuomo’s office

Facebook is looking to expand its New York City footprint once again. The social media company is in talks to lease about 700,000 square feet at the former James A. Farley Post Office, a city landmark in Midtown currently being converted into a mixed-use building. If the deal is inked, Facebook would become one of the largest corporate tenants in the city with 3 million square feet of office space leased, as first reported by the Wall Street Journal.

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Midtown West, New Developments

Penn-Farley Complex, Moynihan Station, Farley Post Office, Moynihan Train Hall

Rendering courtesy of Skidmore, Owings & Merrill courtesy of Gov. Cuomo’s office

Two major tech companies are vying for office space at the former James A. Farley Post Office in Manhattan. The New York Post reported on Tuesday that Facebook and Apple both want to lease space at the former post office which is being converted by Vornado Realty Trust into a mixed-use site with 740,000 square feet of office space and a new train hall underneath. In September, it was reported that Facebook was in advanced talks for office space, but according to the Post, Apple has “suddenly decided it, too, wants all four floors of Farley’s office space.”

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Midtown West

Penn-Farley Complex, Moynihan Station, Farley Post Office, Moynihan Train Hall

Rendering courtesy of Skidmore, Owings & Merrill via Gov. Cuomo’s office

Facebook has been on the hunt for office space in NYC for several months and now the tech giant has set its sights on the former James A. Farley Post Office, as the New York Post first reported. Sources say the company plans to lease all 740,000 square feet of office space currently being built in the old post office across from Penn Station and Madison Square Garden. The landmarked building—redubbed Moynihan Train Hall—is being redeveloped by a team including Related, Vornado Realty Trust, Skanska USA and architecture firm Skidmore, Owings & Merrill. It’s on track to open next year.

Here’s what we know so far

Construction Update, Major Developments, Midtown West

Moynihan Train Hall, skylights, James Farley Post Office

Via Governor Cuomo’s office on Flickr

At a construction tour of Moynihan Train Hall this morning, 6sqft had the rare opportunity to get up close and personal with the massive skylights that will crown this new concourse. The transformation of the historic James A. Farley Post Office into a bright, modern transportation hub is on time and on budget for its late 2020 opening, at which time it will increase the footprint of Penn Station by 50 percent, providing a new home for the LIRR and Amtrak. To date, 800 people working every day have logged more than one million hours of labor, and the four, massive skylights are perhaps the most stunning example of their efforts.

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Architecture, Construction Update, Major Developments, Midtown West

PHOTOS: See Moynihan Train Hall’s massive skylight being installed

By Michelle Sinclair Colman, Thu, June 21, 2018

After starting construction last summerSkidmore Owings & Merrill (SOM)‘s reimagined Moynihan Train Hall is now beginning to take shape. Part of Governor Cuomo’s Empire Station Complex revamp of Penn Station, the old James A. Farley Post Office will be transformed into a crystal palace-esque boarding concourse with a 92-foot high skylight atop the 1913 building’s original steel trusses. CityRealty recently got an exclusive aerial look at how construction is progressing on the glass skylights ahead of the Train Hall’s anticipated 2020 opening.

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Major Developments, Midtown West

Penn-Farley Complex, Moynihan Station, Farley Post Office, Moynihan Train Hall

Rendering courtesy of Skidmore, Owings & Merrill via Gov. Cuomo’s office

Recognizing life sciences as New York City’s next largest growth sector, Vornado Realty Trust and Related Companies hope to attract tech companies to the redevelopment of the James A. Farley Post Office. The joint venture will develop 850,000 square feet of commercial space, with roughly 730,000 square feet set aside for office space. The developers, which have a 99-year lease, are seeking biotechnology and pharmaceutical businesses as tenants, according to the Wall Street Journal. The team has hired a Boston-based broker with experience in the life-sciences real-estate market and has also created a brochure with possible designs for laboratory and office space. The brochure is titled “Moynihan Research Center at Farley.”

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Midtown West

Penn-Farley Complex, Moynihan Station, Farley Post Office, Moynihan Train Hall

Earlier this month, New York City officially pitched four neighborhoods to house Amazon’s HQ2: Long Island City, the Brooklyn Tech Triangle, Lower Manhattan and Midtown West. During its third-quarter earnings call Tuesday, Vornado Realty Trust said the Moynihan Train Hall remains at the forefront of the city’s Midtown West bid, citing the project’s proposed 730,000 square feet of office space and 120,000 square feet of retail as meeting the retailer’s key requirements (h/t Commercial Observer). Vornado, along with Related Companies, Skanska USA, and architecture firm Skidmore, Owings & Merrill, is converting the former James A. Farley Post Office into the Moynihan Train Hall, an effort led by Governor Andrew Cuomo to create a world-class transit center.

More this way

Major Developments, Midtown West, Transportation

Penn-Farley Complex, Moynihan Station, Farley Post Office, Moynihan Train Hall

Iage via the office of the Governor

At a press conference this morning in the under-construction space, Governor Cuomo announced that major work has begun on transforming the James A. Farley Building into the state-of-the-art, 225,000-square-foot Moynihan Train Hall. Along with the news that the $1.6 billion project will create 12,000+ construction jobs and 2,500 permanent jobs, come new renderings of the station, showing more exterior views and looks at the 700,000-square-foot shopping and dining concourse.

All the renderings and more details this way

Major Developments, Midtown West, Transportation

Moynihan Train Hall, Empire State Development Corporation, Amtrak, MTA, ANDREW CUOMO, EMPIRE STATION COMPLEX, JAMES A. FARLEY POST OFFICE, MOYNIHAN STATION, PENN STATION, Skidmore, Owings & Merrill, SOM, McKim, Mead & White, Madison Square Garden

The first phase of Governor Cuomo’s plan to revamp Penn Station wrapped up last month with two new entrances opening on the corners of West 31st and West 33rd Streets and Eighth Avenue. Plus, the West End Concourse was expanded and now boasts a new color scheme, LED screens and murals. Adding to the project’s progress, the state was approved for a federal loan on Tuesday for up to $550 million for the second phase of the plan, which will convert the Farley Post Office across the street into Moynihan Train Hall, expanding Penn Station floor space by 50 percent, as reported by Politico NY.

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