Airbnb Snaps Up New Office Space in New York City

Airbnb is strengthening its footprint in New York City. The short-term rental giant recently signed a 13,300-square-foot lease for office space at the Olnick Organization's 130 Fifth Avenue. The lease details, including its length, were not disclosed. The property, also known as NoMad Tower, commands an asking rent between $70 and $82 per square foot. It is unclear if this marks a relocation or an additional office for Airbnb, which already lists a location at 222 Broadway. CBRE brokers managed Airbnb's lease.

130 Fifth Avenue Reaches Full Occupancy

Upon Airbnb's deal, 130 Fifth Avenue is now fully leased, showing a resurgence in demand for quality office space in Midtown South. The building’s prime location and modern facilities have attracted a diverse tenant base.