Jesse Server is associate editor for Real Estate New York
NEW YORK CITY-Moody's Investor Services, which currently leases 340,000 sf on 11 floors at 99 Church St., is on the move. But where exactly the ratings agency will land is yet to be decided. One of those options is the much-touted, newly opened, still largely vacant 7 World Trade Center. The 1.7-million-sf asset, the first building to be rebuilt at Ground Zero, opened its doors last week less than 20% leased.
A spokesperson for Moody's confirms that the firm is currently looking for space, "and 7 World Trade Center is one of the options. But we haven't made any decisions."
As of the opening last week, building developer Silverstein Properties was the only permanent tenant in 7 WTC. Ameriprise Financial and the New York Academy of Sciences are currently fitting out their spaces and will move in by the fall. Chinese firm Beijing Vantone, which entered into a preliminary agreement to take five floors for a Chinese trade center in January, is expected to sign a lease soon and immediately begin fitting out its floors, said a Silverstein spokesman.
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