Going Against the Trend, KKR Expanding at Hudson Yards
At a time when big block tenants are re-evaluating their office footprints as remote and hybrid work routines continue, it seems likely that plans for expansion are far and few between. However, Kohlberg Kravis Roberts (KKR & Co., LP) has moved against the developing trend and leased 220,000 square feet at 30 Hudson Yards — the majority of space that Meta Platforms (formerly Facebook) currently leases through 2024 and recently declined an option to renew. KKR’s recent signing will add to the more than 300,000 square feet the company already occupies, having acquired the condo unit in 2019.