Uber Expands at 3 World Trade Center in Manhattan

"Uber is lining up a major expansion at Silverstein Properties' 3 World Trade Center, where the company is poised to add roughly 86,000 square feet via a sublease. If it goes through, the deal would boost Uber's total footprint in the Financial District tower to about 438,000 square feet, giving the rideshare giant close to one-fifth of the building's roughly 2.5 million rentable square feet."

"The outlet also pointed out that Uber was on the other side of the table during the height of the pandemic, putting some of its space on the sublease market before quietly taking smaller additions last year."

"Colliers found that February leasing volume slid to about 2.2 million square feet, a 39.5 percent drop from January, even as average Manhattan rents climbed, according to The Real Deal. The outlet summarized Colliers' finding that average Manhattan rents hit $77.22 per square foot, while CBRE put the average asking rent for Lower Manhattan at about $59.26 per square foot."

Uber is pursuing a major expansion at Silverstein Properties' 3 World Trade Center through a sublease of approximately 86,000 square feet, which would increase its total occupancy in the Financial District tower to about 438,000 square feet—representing close to one-fifth of the building's 2.5 million rentable square feet. The deal is in late stages but not yet finalized. Details including the sublandlord identity, lease term, and asking rent remain undisclosed. This expansion reverses Uber's pandemic-era strategy when the company sublet space before making smaller additions last year. The Manhattan office market shows mixed signals with February leasing volume declining 39.5 percent from January, though average rents increased to $77.22 per square foot. Availability rose to 13.6 percent with sublet inventory increasing by 510,000 square feet, though still below pandemic peaks.

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