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Nasdaq Relocates Headquarters to 4 Times Square

The American stock exchange signed a 145,000 square-foot lease with the Durst organization to move in spring of 2019.

By Betsy Kim | Updated on February 07, 2018
Nasdaq MarketSide Market Intelligence Desk at Nasdaq MarketSide

NEW YORK CITY—Nasdaq is moving its global headquarters from downtown Manhattan to its current Nasdaq MarketSite location at 4 Times Square. It has signed a 15-year lease with the Durst Organization for 145,000 square feet which includes the extension of the current lease of its MarketSite operations. This division provides the commercial marketing presence of the Nasdaq stock market in a glass-enclosed, 24,000 square-foot area at the northwest corner of the ground floor of the building.

The new lease increases by fivefold Nasdaq’s existing footprint in the 48-story glass tower. The MarketSite event space expanding to the 10th floor will feature a 2,100 square-foot outdoor terrace overlooking Times Square, above the Nasdaq tower. It will have the capacity to host more than 400 people.

The new global headquarters will remain the center for the opening and closing market bell ceremonies, broadcast and media correspondence facilities, and Nasdaq tower and marquee advertising opportunities. It will also house the Market Intelligence Desk, where market professionals provide clients with real-time market analysis and information.

MarketSite’s expansion and relocation will begin with construction this summer, with completion scheduled for December 2021. The stock exchange’s phased move-in from their current offices at One Liberty Plaza will begin in spring 2019.

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