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Landmark move at Rudin's One Whitehall Street.

In yet another example of an office tenant relocating downtown, the New York Landmarks Conservancy, a nonprofit organization that has helped to preserve and enhance architecturally significant buildings in New York City for over three decades, will soon be moving its offices to one of Lower Manhattan's classic post-war office towers--the Rudin Family's One Whitehall Street.

The Conservancy has leased the entire 8,000 s/f top (21st) floor at the building for its new headquarters and expects to relocate later this year from its longtime offices at 141 Fifth Avenue. "It feels like we're coming home," stated NYLC president Peg Breen.

Breen noted that the first New York building saved by the Conservancy was the US Custom House on Bowling Green, which sits directly across from One Whitehall Street in a district of Manhattan steeped in history.

"But most of all, we're thrilled to be moving to a Rudin building, and the views of the Hudson from our new offices are simply fantastic," she added.

"The Conservancy's move to Lower Manhattan reinforces the diversification of tenancy which is occurring downtown and the continued strengthening of the commercial market. We are, of course, delighted and very honored that the Conservancy, known for its exceptional sensitivity and regard for building design and architecture, chose One Whitehall for its new home," stated Bill Rudin, president of Rudin Management Company, the operating arm of the Rudin Family holdings.

Suzanne Sunshine, vice president of the Non-Profit Practice Group at CB Richard Ellis, represented the Conservancy in the 15-year leasing transaction, while Gene Baumstein, of Rudin Management Company, leasing and managing agent for the property, represented the landlord.

One Whitehall Street, which occupies the downtown blockfront between Stone and Bridge Streets, contains approximately 300,000 s/f of space.
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Publication:Real Estate Weekly
Date:Apr 12, 2006
Words:294
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