Global design and architecture firm Perkins & Will has inked the rent of 50,680 square meters 135 West 18th Streetalso known as Altman Buildingin Manhattan’s Chelsea neighborhood, Commercial Observer has learned.
The company signed a 15-year lease to move from 1250 Broadway Districtand will occupy the entire second through fifth floors of the Chelsea building, according to the landlord’s broker. Newmark.
“Perkins&Will’s decision to lease the full office component of the Altman Building reflects the continued demand for distinctive and functional workplaces in midtown Manhattan,” Newmark’s Neil Goldmacherwho represents the landlord, said in a statement. “The building combines the character of a historic Chelsea property with the infrastructure, flexibility and collaborative layout required by a leading design firm.”
Asking rents were not disclosed, but the average asking rent for office space in Midtown South was $79.57 per square foot during the third quarter of 2026, according to Colliers data.
In addition to the move, Perkins&Will will consolidate its New York City operations into 135 West 18th Street as part of new company merger with Architecture Plus Information. Both companies will operate under the Perkins&Will umbrella.
Newmark’s Goldmacher, Howard Kesseler, Todd Hershman and Alexander Kesseler represented by the employer, PJ Mechanicin this lease. Gerry Miovski and Masha Dudelzak of CBRE represented the tenant. CBRE did not immediately respond to a request for comment.
Built in 1896 as a carriage house135 West 18th Street is a five-story office and event space building.
Amanda Schiavo can reach the aschiavo@commercialobserver.com.