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Gen Re Consolidating at 125 Broad St.

NEW YORK CITY-The reinsurance company will consolidate offices in a move to 125 Broad St. in Lower Manhattan, making it the latest in a number of businesses making the move downtown.

By Carl Gaines | Updated on June 02, 2011

NEW YORK CITY-General Reinsurance Corp., a Berkshire Hathaway subsidiary, has signed on to lease 56,106 square feet at 125 Broad St. in Lower Manhattan. The deal is for 21 years, eight months and will allow Gen Re to consolidate two other Manhattan locations.

“We are proud to welcome Gen Re to our portfolio of class A properties,” Mack-Cali president and CEO Mitchell E. Hersh said in a release announcing the deal. “The location and amenities offered by 125 Broad St. make it one of Downtown Manhattan’s premier business addresses.”

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