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New York
Architecture Images- Lower Manhattan BROAD FINANCIAL CENTER |
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architect |
Fox & Fowle Architects |
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location |
33 Whitehall Street at Pearl Street. view map |
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date |
1986 |
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style |
Post-Modernism |
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construction |
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type |
Office Building |
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images |
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notes |
The building is known for its flamboyant corner atrium lobby with its crazy
clock.
Lackluster leasing activity in the corporate and financial sectors has
been one of the most visible signs of the sluggish economy. Recent
movement in these sectors, though, is signaling a turnaround and
brighter economic times.
Exemplifying this change, Fitch Ratings has signed an 11-year,
66,256-square-foot lease at Broad Financial Center in Downtown
Manhattan.
The CBRE team of Edward Goldman, Executive Vice President, Stacey
Fabrikant, First Vice President and Howard Bressler, Vice President,
negotiated the transaction on behalf of the building ownership, Broad
Financial Center, LLC. Mitchell Barnett, Executive Director, and Curtis
Brown, Associate Director, of Cushman and Wakefield represented Fitch in
the negotiations.
"The repositioning of Broad Financial Center has been a tremendous
success since the former namesake tenant, NASD, vacated and as the
events of 9/11 unfolded. During the past two years, over 130,000 square
feet of new leases have been completed in the building," said Mr.
Bressler.
"Broad Financial Center exemplifies a classic boutique building and its
stellar tenant roster and hands-on ownership and management made it the
perfect choice for Fitch Ratings."
The property, located at 33 Whitehall Street, features a magnificent
atrium lobby, glass and steel construction and unobstructed views of the
New York harbor. Fitch Ratings is headquartered nearby at 1 State Street
Plaza where the firm occupies 160,000 square feet.
"When we recognized our need to expand, we found that the close
proximity of Broad Financial Center to our headquarters as well as the
open floor plates and state-of-the-art technological infrastructure at
the property ideally suited our requirements," said David Kennedy, CFO
of Fitch Ratings.
"We are extremely pleased to welcome a tenant of Fitch Ratings' caliber
to Broad Financial Center," said Faith Ryan of Broad Financial Center,
LLC. "The convenience and high quality of our building fully addressed
Fitch's expansion need.
Both Landlord and Tenant will benefit by giving Fitch signage rights and
further expansion rights in the building. It is also wonderful to know
that Broad Financial Center and Fitch are a part of Downtown's
re-growth, expanding the city's workforce." |
