Goldman Sachs is one of two large financial firms currently investing in Downtown's future--Goldman Sachs at Site 26 and JP Morgan Chase at Tower 5. In November 2005, the company broke ground on its 43-story tower to be located on the last remaining commercial parcel in Battery Park City.
"Goldman Sachs has called Lower Manhattan its home for 136 years and we are proud to reaffirm our commitment to this neighborhood and to the City of New York," noted Henry Paulson Jr., chairman and CEO of Goldman Sachs at the time of groundbreaking. The company explained that it is building the new headquarters and maintaining 9,000 employees with the expectation of creating thousands of jobs in the next decade.
Goldman's current home, One New York Plaza, is located at Water and Whitehall streets and is the southernmost of all Manhattan skyscrapers. Constructed in 1970, this 50-story Downtown building is comprised of almost 2.5 million sf and has a 111,000-sf base. The building underwent a renovation in 1995, which consisted of repainting the "waffle-iron" facade from its original black.
According to sources, asking rent for space at the One New York Plaza property is around $50 per sf. Other office tenants include Fried Frank, Harris, Shiver & Jacobson, Prudential, Smith Barney Inc., Wachovia and the Battery Park Conservatory.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Natalie Dolce
Natalie Dolce, editor-in-chief of GlobeSt.com, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.
