Manhattan, NY – AI company Perplexity is expanding its Latest York City footprint with a new lease at 841 Broadway, also known as the Roosevelt Building. This addition brings the company’s total occupancy to 22,000 square feet across both 841 and 853 Broadway.
Expansion Details
Perplexity initially leased the entire fourth floor of 853 Broadway in June. The company has now secured the full fourth floor of the adjacent 841 Broadway. The Feil Organization, owner of both properties, will remove the wall separating the two buildings to create a single, contiguous office space.
Andrew Wiener, head of commercial leasing at The Feil Organization, stated that Perplexity’s expansion “speaks to the kind of neighborhoods AI companies want to be part of today.” He added that the delivered space provides a “tailored solution” for collaboration.
Nathan Barksdale, general counsel and VP of operations at Perplexity, noted the importance of remaining in the Union Square neighborhood as the team grows. He expressed excitement about the connected space, anticipating it will “spark creativity and collaboration” among staff.
841-853 Broadway is situated at a key intersection of business, retail and entertainment, with direct access to the Union Square transit hub. 853 Broadway is a 21-story office tower with 157,000 square feet of space.
The Feil Organization was represented in-house by Wiener, Robert Fisher, and Henry Korzec. Perplexity was represented by Marcella LaHara, Derek Feinman, and Adam Spector of Newmark.
Frequently Asked Questions
What is Perplexity’s total office space in Manhattan?
Perplexity now occupies a total of 22,000 square feet across 841 and 853 Broadway.
What changes are being made to the office space?
The wall dividing 841 and 853 Broadway will be removed to create a single, contiguous office space on the fourth floor of both buildings.
Who represented the parties in this lease agreement?
The Feil Organization was represented in-house by Wiener, Robert Fisher, and Henry Korzec. Perplexity was represented by Marcella LaHara, Derek Feinman, and Adam Spector of Newmark.
As Perplexity continues to grow, how might this expansion influence other AI companies’ office space decisions in New York City?
