This announcement comes contrary to NASDAQ's previously reported plans to occupy nearly 60,000 sf in Time Square's 1500 Broadway. The electronic stock market inked a 17-year lease in spring 2002 for four floors in 1500 Broadway. Cushman and Wakefield represented the building in the transaction. NASDAQ did not comment to Globest.com as to the status of its Midtown space. However, sources close to the situation say NASDAQ has not broken that lease.

Following the Sept. 11 attacks, NASDAQ staff members were temporarily displaced and relocated to 1500 Broadway, across from its MarketSite location. According to a statement, 12 members of NASDAQ's executive management team will return to One Liberty Plaza by the end of this month, rejoining the stock market's 150 employees already based there.

NASD, a private sector provider of financial regulatory services, leases more than 220,000 sf at One Liberty Plaza from the building's owner Brookfield Properties Corp. A representative of Brookfield tells GlobeSt.com that NASD has a 20-year lease at the property, which it inked about two years ago, and that it subleases some of that space to NASDAQ.