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TOM FLETCHER'S new york architecture |
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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." |