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Goldman Extends Lease, Awaits HQ Completion

NEW YORK CITY-Asking rent for space at the One New York Plaza property, where the financial firm is extending its 517,000-sf lease, is around $50 per sf sources say.

By Natalie Dolce | Updated on January 11, 2008

NEW YORK CITY-Goldman Sachs Group Inc. has extended its lease for 517,000 sf at Brookfield Properties’ One New York Plaza here for another 15 months through 2010, a Brookfield spokesperson confirms to GlobeSt.com. Goldman Sachs is currently awaiting completion of its new headquarters slated for 2009 .

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.

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