136,000 s/f Old Slip lease.Recommitting to downtown, TD Waterhouse TD Waterhouse is the brand used for both British and Canadian brokerages within the TD Bank Financial Group. The brand originated as a United States brand for discount brokerage when TD purchased Waterhouse Securities. Investor Services, Inc. has signed a 135,594 s/f, 15-year lease at 32 Old Slip a/k/a Financial Square. The transaction represents a major consolidation of TD Waterhouse's operations, which over a period of 14 years had expanded from its headquarters at 100 Wall Street into three other nearby buildings downtown, at 55 Water Street, 125 Maiden Lane and 39 Broadway. Moreover, it's a boost for Lower Manhattan Lower Manhattan is the southernmost part of the island of Manhattan, the main island and center of business and government of the City of New York. Lower Manhattan is generally defined as the area delineated on the north by Chambers Street, on the west by the Hudson River (North , indicating the strong desire of downtown-based tenants to remain in the rehabilitated area, committing for the long-term. "The opportunity to centralize cen·tral·ize v. cen·tral·ized, cen·tral·iz·ing, cen·tral·iz·es v.tr. 1. To draw into or toward a center; consolidate. 2. TD Waterhouse's various headquarters user groups onto just a few large floors will undoubtedly prove far more efficient. We were able to secure for TD Waterhouse furnished turnkey space in one of New York's most technologically advanced buildings, all at a lower cost than staying in place in four separate locations" said CB Richard Ellis's Mark Ravesloot. Ravesloot, along with Douglas Lehman, Michael Monahan, Scott Sloves, Robert Stillman and Michael Wellan, negotiated the transaction on behalf of TD Waterhouse, while Cushman and Wakefield's Robert Constable Sir Robert Constable (c. 1478 – 1537) was the eldest son of Sir Marmaduke Constable. He helped Henry VII to defeat the Cornish Rebellion of 1497 at Blackheath. In 1536, when the rising known as the Pilgrimage of Grace broke out in Northern England, Constable was one of the acted for the landlord, Paramount Group Inc. TD Waterhouse will be situated on floors 6 and 19 through 21 in the 36-story building. The space was formerly occupied by Goldman Sachs The Goldman Sachs Group, Inc., or simply Goldman Sachs (NYSE: GS) is one of the world's largest global investment banks. Goldman Sachs was founded in 1869, and is headquartered in the Lower Manhattan area of New York City at 85 Broad Street. . C&W's Bob Constable said, "Paramount will augment the built-out space to suit TD Waterhouse's specifications. The company plans to take occupancy in 2006." "We are truly looking forward to being able to operate within a single, class A office building," said Bill de Brun, Senior Vice President of TD Waterhouse. "We are pleased to welcome such a prestigious tenant," said Arthur Bocchi of Paramount Group. "It's significant that financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. firms, which traditionally all had roots in Lower Manhattan, are continuing to partake in Verb 1. partake in - be active in participate, take part - share in something 2. partake in - have, give, or receive a share of; "We shared the cake" partake, share the resurgence of energy and business activity in downtown as it becomes one of the city's most sought-after office locations." |
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