7 World Trade Gets Fortune 400 Tenant

NEW YORK CITY-The revitalization of Lower Manhattan continues to gain velocity, this time with another tenant checking into Silverstein’s 7 World Trade Center. Dayton, OH-based NCR Corp., a global technology solutions provider, will lease the 35th floor, where it will locate executive offices, an executive briefing center and will serve as a base of operations for 200 employees.

NCR’s commitment follows JP Morgan Chase’s decision this past summer to build a new tower at Site 5 of the new World Trade Center complex, which will serve as a base of operations for 7,500 employees. A source close to the deal tells GlobeSt.com that the lease is for 39,900 sf. The source also says that it’s a 10-year lease, but couldn’t provide any financial information; however, MrOfficeSpace.com lists the asking rent on the 35th floor at $70 per sf.

“NCR’s decision to move its executive offices to the World Trade Center site is further evidence of the continued revitalization of lower Manhattan,” says Gov. Eliot Spitzer in a prepared statement. “Together with JP Morgan Chase’s recent commitment to build and relocate its investment banking headquarters Downtown, we are seeing positive signals that Lower Manhattan remains a global center of commerce.”