Data Software Firm Databricks Doubles Down With 120K SF at 5 Bryant Park – Commercial Observer
Data software company Databricks has doubled its office footprint at 5 Bryant Park less than a year after its arrival.
The company inked the major lease expansion to accommodate the expanding headcount of its New York City-based research, development and engineering hub, according to a Databricks blog post on Monday. Its doubled office space now spans a total of 120,000 square feet across five floors of the Savanna-owned tower.
The exact square footage of Databricks’ expansion at the 34-story building, also known as 1065 Avenue of the Americas, was not disclosed, nor was its lease term and asking rent. Class A office asking rents in Midtown averaged $91.08 per square foot in the third quarter of this year, according to Colliers.
It was also unclear whether Savanna or Databricks worked with outside brokers on the deal, which was first reported by the New York Post. Savanna’s website for the building currently lists a team of CBRE brokers as its leasing representatives. Spokespeople for Savanna and CBRE did not respond to requests for comment.
Databricks provides data services to more than 20,000 organizations, according to its LinkedIn profile, including Adidas, Bayer, Mastercard and Unilever. The company was founded in 2013 in San Francisco, and today lists 17 offices globally. Databricks announced its arrival at 5 Bryant Park back in January, and now claims “one of the largest concentrations of AI research talent in the city.”
In a blog post on Monday, Databricks’ Tasso Argyros tied the recent expansion to New York City’s thriving technology and artificial intelligence industry.
“The expansion will include a dedicated engineering and research floor purpose-built for focused R&D work, alongside enhanced spaces for our go-to-market teams, an executive briefing center, and room for significant future growth,” Argyros wrote.
Other tenants in the 680,000-square-foot building between West 40th and West 41st streets include architectural firm HOK, food delivery platform Grubhub and payroll servicing firm CBIZ.
Savanna previously undertook a full lobby and entrance renovation after acquiring the tower in 2018, and rounded out 2025 with a $510 million refinancing for the office property, Commercial Observer previously reported.
Emily Davis can be reached at edavis@commercialobserver.com.
