The Real Estate

HSBC Has Mega-Lease Out at Silverstein's 7 World Trade

by Dana Rubinstein  |  4:12 PM August 11, 2008
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One of the 7 World Trade Center floors HSBC plans to lease.
Dana Rubinstein.
One of the 7 World Trade Center floors HSBC plans to lease.

HSBC Bank is poised to become Larry Silverstein's newest tenant at 7 World Trade Center, with a lease pending on the last big block of space in the 52-story, 741-foot, two-year-old skyscraper on the edge of Ground Zero.

The banking giant has a lease out on 280,000 square feet of space comprising the top seven floors of the building, according to a knowledgeable source. While the lease has yet to be signed, insiders believe it's nearly a done deal. (We guess that means no more penthouse parties for the Sports Illustrated Swimsuit Issue.)

Read more about the pending deal in Wednesday's print Observer.

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