"The name on the door might be in trouble, but that doesn't mean the unit inside is. Will there be some consolidations? Very possibly," Michael Lewis, managing director for Crescent Real Estate Equities LP, says about the powerhouse tenant mix at 100, 200 and 300 Crescent Court in Uptown. "The units here are still maintaining a good vibrant presence."

The trophy asset's tenant roster includes Merrill Lynch & Co. Inc., Lehman Brothers Holdings Inc., Goldman Sachs Group Inc., Bear Stearns Cos. and naturally its owner, Morgan Stanley Real Estate Funds. Bank of America's stake in the Crescent is a retail location.

To put the roster into perspective, New York Gov. David Paterson, in tossing a lifesaver, to American International Group, pointed out two days ago Goldman Sachs and Morgan Stanley were the only two left standing out of Wall Street's top five independent investment banks. In Dallas, AIG leases 175,000 sf in the Plaza of the Americas at 600 N. Pearl St. in the CBD and the Centre at 4100 Alpha Rd. in North Dallas.

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