Wednesday, July 23, 2014

http://www.tenantwise.com/reports/wtc_relocate.asp








245,156 s.f. at WTC, Fiduciary Trust signed a part direct/part sublease for 156,000sf at 600 Fifth Ave and occupied the space in November. Approximately 650 employees will operate from 8 floors at this location.

461,000 s.f. at WTC, Empire signed a lease for 105,429sf at 11 West 42nd Street and for 322,000sf at MetroTech 9 South in Brooklyn for 1,300 employees. These commitments represent 100,000sf less than previously occupied at WTC.

100,000 s.f. at WTC, Dai-Ichi Kangyo Bank is now part of Mizuho Corp. Bank, located at 1251 Ave of Americas and at Harborside Plaza in Jersey City, NJ.

182,956 s.f. at WTC, Fuji Bank is now part of Mizuho Corp. Bank and is operating from Mizuho offices at 1251 Ave of Americas and Harborside Plaza in NJ.

179,244 s.f. at WTC5, Credit Suisse First Boston occupied 1 Madison Avenue and 11 Madison Avenue and backfilled approximately 700 employees from 5 WTC. CSFB has no new space requirements and sublet its space at 277 Park Avenue.

245,000 s.f. at WTC, (Supposedly) Cantor Fitzgerald relocated to 80,000sf at 135 East 57th Street and decentralized its operations into two other new locations: Reston, VA and London. (In 1997, Cantor signed a new 15-year lease, expanding their s.f. from 100,000 to 175,000, on 104, 105, adding 103, and part of 101.)

231,000 s.f. at WTC, Oppenheimer Funds signed a 10-year lease at 498 Seventh Avenue for 135,000sf, a smaller space than at 2 WTC.

45,540 s.f. at WTC, Commerzbank Capital Markets backfilled existing space at 1251 Avenue of the Americas.

26,367 s.f. at WTC, IOC/Regus is operating from an existing office at 245 Park Avenue. (Regnus signed a lease on the 93rd floor of the south tower in June of 2001 On September 14, 2001, The Guardian reported that "Regus Business Centres said five employees unaccounted for but trying to ascertain precisely how many clients were in the offices. Concerned toll could rise significantly."

40,000 179,244 s.f. at WTC, Continental is in a long term lease at 40 Wall Street. Offices moved prior to the attacks.

10,000 s.f. at WTC, Zim-American Israeli Shipping had put its 16th floor space at the World Trade Center up for sublease and moved a majority of its employees to Norfolk, VA before the attack. Now, a few employees have moved into a smaller 5,000sf office at 1000 South Avenue in Staten Island, NY.

18,591 s.f. at WTC, TD Waterhouse Group, Inc. A move to a new headquarters in Jersey City was in progress since June 2001 and many employees from WTC and other locations had already relocated there. After the attack, WTC employees moved to the new headquarters in Harborside, Jersey City, and a few to an existing office at 100 Wall Street.

2WTC 50,903 s.f. GBI Capital/ Ladenburg Capital Management will abandon their 21,970 s.f. at 22 Cortlandt St. and GBI will backfill both that and WTC into existing Ladenburg offices at 590 Madison Avenue and in Long Island.

25,000 s.f. at WTC, World Travel employees operated a small office for Sidley Austin Brown & Wood and relocated with the law firm to 787 7th Avenue.

48,000 s.f. at WTC, Washington Group relocated to 30,000sf at 2 Penn Plaza

155,490 s.f. at WTC2, Verizon had 400 employees, backfilled elsewhere

10,000 s.f. at WTC, Unistrat joined with affiliate company SCOR in space at 199 Water St.

10,325 s.f. at WTC, The Nishi-Nippon Bank closed its New York office at 1 WTC and no longer has a New York presence.

13,262 s.f. at WTC, Friends Ivory & Sime, Inc. closed its New York office and relocated to London.

57,000 s.f. at WTC, Fireman's Fund, an Allianz Company, relocated to 36,000sf at 75 Wall St.

89,162 s.f. at WTC, Sun Microsystems relocated to 78,200sf on floors 3 and 4 at 101 Park Avenue.

111,398 s.f. at WTC, Standard Chartered Bank relocated to 92,000sf at 1 Madison Avenue.

27,000 s.f. at WTC, Seguros Commercial closed its New York Office and relocated to headquarters in Plano, TX.

59,000 s.f. at WTC, SCOR consolidated with a newly acquired company and relocated WTC employees to existing offices at 199 Water Street. (Leased in WTC in Sept. 1995. "SCOR had been at 110 William Street, he said, and bought a smaller company, Unity Fire and Marine, whose offices were at the trade center. "When it bought that company," he said, "SCOR decided it wanted to consolidate the two offices. It had a choice of doing it here or on William Street.")

30,000 s.f. at WTC, Sandler O'Neill relocated to 919 Third Avenue (Into existing space?)

33,000 s.f. at WTC, Ohrenstein & Brown relocated to 20,000sf at 1 Penn Plaza with 60 employees.

44,325 s.f. at WTC, National Development & Research Institute relocated to 39,000 s.f. at 71 West 23rd Street.

22,500 s.f. at WTC, NAIC Securities relocated to 16,000sf at 1411 Broadway, 9th floor.

80,000 s.f. at WTC, NY Shipping relocated to 18,000 s.f. of new office space in Iselin, NJ and to existing offices to 45 Broadway.

24,539 s.f. at WTC, N.Y. Institute of Finance backfilled space from Pearson, Inc., parent company, at 1330 Avenue of the Americas for permanent relocation

92,232 s.f. at WTC, Kemper Securities signed a lease for space at 30 Rockefeller Center on 11th & 12th floors for 65,381sf.

15,000 s.f. at WTC, John J. McMullen Associates has relocated to 10,000sf space at 70 Wood Avenue South, Iselin, NJ for 3 years with about 35 employees.

122,590 s.f. at WTC, Hartford relocated to a sublet of 150,000sf at 2 Park Avenue for 325 employees.

180,000 s.f. at WTC, Guy Carpenter, a Marsh USA company, relocated its headquarters to 105,255sf at 1 Madison Avenue and also placed some employees in new Marsh space in Hoboken, NJ.

10,000 s.f. at WTC, Drinker Biddle & Reath is relocating to existing offices in Florham Park, NJ, and a new 5,000sf space at 30 Broad Street.

190 Liberty Street, 1,415,000, s.f. Employees from Downtown locations temporarily relocated to existing Deutsche Bank offices. Deutsche Bank purchased 60 Wall St. from J.P. Morgan Chase in 2001. Deutsche Bank initially planned to occupy the entire building for its own use, but it is reported it may now sublease 200,000sf in 2004.

58,500 s.f. at WTC, Baseline signed a sublease for 58,000sf of permanent office space at 395 Hudson Street, 6th floor, for approximately 200 employees. (Baseline signed at the WTC in March 1999, from a previous tenant, Georgeson & Company, who was already upgrading the floors, having finished the full 77th floor. Baseline intended to put executive offices on the half-floor above. The floors were connected by escalator.

12,211 s.f. at WTC, Barclay's offices were relocated from 1 WTC to 222 Broadway before the attack. Has regained possession of its space at 222 Broadway.

11,612 s.f. at WTC, AT&T relocated to existing offices, including headquarters at 32 Avenue of the Americas, 811 10th Ave, 33 Thomas St, 75 Broad. AT&T will not need any additional space.

40,000 s.f. at WTC, Asahi Bank is now Resona Bank Ltd., and operates from 8,000sf on the 19th floor of 546 5th Ave.

219,133 s.f. at WTC, AON leased 270,000sf at Park Avenue Plaza from ABN AMRO; 50,000sf at 199 Water St.; and 50,000sf at 685 Third Ave.

American Express had


55,000 at 100 Church


23,000 at 140 Broadway


1,120,500 at 3 WFC


106,117 at 7WTC backfilled

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