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Hoenig Group relocates HQ to Westchester office park.

In the first major lease in Westchester County in 1992, Hoenig Group Inc., an institutional stock brokerage firm, has signed a 10-year lease for 15,000 square feet of office space at Royal Executive Park at Westchester, it was announced by London & Leeds Development Corp., owner and manager of the 80-acre office park in Rye Brook.

Hoenig Group is moving its corporate headquarters from Lexington Avenue in midtown Manhattan to Building Four, a 90,000-square-foot office building at Royal Executive Park at Westchester. About 30 employees will be involved in the move.

Hoenig Group, which recently became a public company, trades securities for major banks, pension funds, investment advisors and other institutional clients. It is a member on all major stock exchanges in the United States, and also the London Stock Exchange. The company has offices in Denver, Boston, London, Hong Kong and Tokyo.

"We are extremely pleased to begin the new year on such a positive note," said Anthony P. Grant, president of London & Leeds Development Corp. "Hoenig Group is a first-class company and a welcome addition to Royal Executive Park at Westchester."

Other tenants at Royal Executive Park at Westchester include MCI, McGraw-Hill Inc., Meyer Handelman Company, New York Telephone, Hitachi Computer, Hitachi Chemical America, Prudential Insurance Company of America and Parsons & Whittemore, Inc.

Royal Executive Park is located at 1100 King Street, just off the Hutchinson River Parkway and I-684, and directly adjacent to Arrowwood Conference Center. Plans for the third and final phase of Royal Executive Park at Westchester call for construction of approximately 345,000 square feet of additional office space.

Royal Executive Park is being developed by London & Leeds Development Corp. London & Leeds is the U.S. real estate subsidiary of the Ladbroke Group PLC, one of the top 35 publicly traded companies in the United Kingdom.
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Publication:Real Estate Weekly
Article Type:Brief Article
Date:Jan 15, 1992
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