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GSA Signs World Trade Center Lease; Dan Tangherlini Comments

The General Services Administration will rent office space on six floors at the redeveloped World Trade Center site in New York City.

The agency said it signed a lease agreement with the Port Authority of New York and New Jersey and the Durst Organization to occupy an estimated 270,000 square feet of space at One World Trade Center.

“There will once again be a federal presence in the World Trade Center, as there was from its beginning,” Acting Administrator Dan Tangherlini said in a release.

Starting in 2015, GSA will occupy floors 50 through 55 of the building under an initial 20-year term and the agency said it is evaluating long-term housing needs in New York for all agencies.

One World Trade Center, set be the Western Hemisphere’s tallest building, will be more than 55 percent leased with this agreement.

The Port Authority is owner and developer of One World Trade Center and the Durst Organization is an equity partner in the property, having primary responsibility for leasing, operating and managing the building.

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