Qube Leased Space at 70 Hudson Yards Office Tower
The firm joins a major tenant shift in the neighborhood as it prepares for a move from 50 Hudson Yards.
Updated on Sept. 30, 2026 in Remote Work
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Qube secured a 52,000-square-foot lease at the 52-story 70 Hudson Yards tower. The office building, which is currently under construction and slated for a 2028 completion, aims to be a zero-carbon-emission skyscraper.
Why it matters
The development reflects continued demand for premium office space in Manhattan, even as companies calibrate their footprints to new environmental and operational standards. For area operators, the project sets a high benchmark for commercial real estate development in the district.
Qube leased 52,000 square feet, significantly smaller than the 800,000-square-foot lease signed by Deloitte in April 2025 at the same site. The development serves a neighborhood where average asking rents reached $117.66 per square foot in the third quarter of 2026.
The players
Qube
An office-based firm currently operating out of 50 Hudson Yards.
Deloitte
A multinational professional services firm currently consolidating operations from 30 Rockefeller Plaza.
The details
The 70 Hudson Yards project involves a 52-story tower designed to meet zero-carbon-emission standards upon its expected 2028 delivery. Tenants like Deloitte are consolidating current Manhattan footprints into this new infrastructure, while companies like Qube are rotating from nearby existing properties. The project represents a broader trend of capital investment into modernized, high-performance office environments within the Hudson Yards neighborhood.
Timeline
Deloitte signed its lease for space in April 2025.
Construction broke ground on the tower in June 2025.
Average office rents for the area were recorded in the third quarter of 2026.
The 70 Hudson Yards skyscraper is expected to be complete in 2028.
Market Landscape
The 70 Hudson Yards project continues the intense commercial density trend established by the development of the 50 Hudson Yards office complex. This transition highlights a shift toward high-efficiency, zero-carbon office stock in Manhattan as major tenants consolidate their footprints.
Local operators should watch how the shift toward zero-carbon high-rises impacts commercial rent benchmarks across the district as 2028 approaches. Monitor your own lease terms against the evolving asking rents in the Hudson Yards corridor to gauge regional cost pressure.
The takeaway
The move underscores that despite remote work trends, large firms remain committed to flagship, sustainable office towers. Operators should track the competitive premium commanded by low-carbon buildings when negotiating long-term lease renewals.
Further reading
For more on how shifts in physical office requirements are reshaping local business footprints, see Remote Work.
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