Justworksâ relocation from the Starrett-Lehigh Building in West Chelsea leaves only about 400,000 square feet available at 55 Water, said Howard Fiddle, leader of a CBRE leasing team. Empire Stores - 55 Water St, Brooklyn, NY 11201 has 31,445 total housing units. The 55 Water ownership was represented by CBREâs Fiddle, Evan Haskell, Brad Gerla, Dave Caperna and Mary Ann Tighe. 700,00 RSF Available: Large Full Floors of 67,200 - 69,500 RSF Partial Floors of 19,300 - 34,400 RSF View detailed information and reviews for 55 Water St in New York, New York and get driving directions with road conditions and live traffic updates along the way. 55 Water Street 0A. The closest police station is located 1.03 Miles from this property. Help. From 1973 to 1983, the Whitney Museum of American Art maintained a branch museum on the third floor of the building; space was rented for $1 a year and the operating cost was paid for by several Financial District corporations. [11] HIP Health Plan of New York, which became a part of EmblemHealth, moved there with 2,000 employees in October 2004. Your California Privacy Rights TAMI tenants drove nearly 50% of all leasing activity this year, with transactions such as Urban Soccerâs third-quarter lease of 63,500 sq. Thanks for contacting us. Courtesy of Wikipedia. The original World Trade Center was bigger when it opened in 1973. The Class A Office building was completed in 1973 and features a total of 3,642,167 Sqft. CB Richard Ellis is the leasing agent. Plaza Construction has been providing construction services at 55 Water Street for over two decades. The property was built in 1901. Emery Roth & Sons designed the building, which is the second largest in New York City by floor area after One World Trade Center. ft. at 14 53rd Street, Whale Square, in South Brooklyn a recent example, and numerous creative tenants at 55 Water Street, Empire Stores. To compensate for the loss of public space, Goldman Sachs proposed paying for various improvements of public space nearby. On October 29, 2012, the building sustained damage related to Hurricane Sandy when over 32 million U.S. gallons (0.12×10^6 kl) of water flooded three underground levels and rose to waist-high in the lobby. Justworks was repped by Cushman & Wakefieldâs Chris Helgesen, Peter Trivelas, Dirk Hrobsky and Gary Ceder. But 55 Water St. has great strengths to offset the negatives. 55 Water Street is the largest office building in New York City by floor area. 55 Water Street Lobby Renovation. The Elevated Acre was originally planned as part of a series of high-level public spaces along East River, to be connected with walkways running above the street level. Do Not Sell My Personal Information, Your California Privacy Rights [5] To prepare for future storms the building's owner planned to relocate electrical equipment from the basement to the third floor starting in late 2013. Manhattanâs largest office building doesnât enjoy a sexy public profile, but it sure knows how to charm new tenants. We've received your submission. â55 Water Street has historically serviced the financial services industry but is well-positioned to meet the needs of ânew economyâ tenants, particularly in the tech industry,â Fiddle said in a statement. It has since invested hundreds of millions of dollars to upgrade it and keep it competitive. The building, its plazas and Jeannette Park were renovated and redesigned by Lee S. Jablin of Harman Jablin Architects. It was the largest corporate relocation in downtown Manhattan following the September 11 attacks. [18], New York City Department of Transportation, List of tallest buildings in New York City, "Postings: 55 Water Street; New Start for a Troubled Building", "Goldman Sachs Drops Plans For New Tower at Plaza Site", "NYC high-rise fire leaves 27 with smoke inhalation", "Commercial Real Estate: Putting a Shine On a Memorial Long Forlorn; Project Will Reshape Vietnam Veterans Plaza", "Commercial Real Estate; A Plaza Few Use But Everyone Wants", "$7 million plaza reaching a higher level reopens", "HIP Celebrates Opening of New Headquarters in Lower Manhattan; Relocation of 2,000 Employees to 55 Water Street Represents Largest Corporate Relocation to Lower Manhattan Since 9/11", "McGraw Hill Moves Downtown, Says Goodbye to Namesake Building", "Hugo Boss moves North American HQ to FiDi's 55 Water St", "Justworks Moving to 270K SF at 55 Water Street", International Mercantile Marine Company Building, New York County Lawyers' Association Building, Trinity and United States Realty Buildings, Federal Reserve Bank of New York Building, Leadership and Public Service High School, https://en.wikipedia.org/w/index.php?title=55_Water_Street&oldid=1007641494, Short description is different from Wikidata, Infobox mapframe without OSM relation ID on Wikidata, Creative Commons Attribution-ShareAlike License, This page was last edited on 19 February 2021, at 04:29. This was the daily struggle for those working at 55 Water Street in New York Cityâs Financial District. The Justworks move is also good news for the downtown market as a whole, where availability fell by 0.3 percentage points, to 11.6%, in May, according to Colliers Internationalâs Market Snapshot. [8][9], 55 Water Street was the last major building built by Uris Buildings Corporation. 55 Water Street is a 687-foot-tall (209 m) skyscraper in the Financial District of Lower Manhattan, New York City, on the East River. Eastern Area Tenants Service (EATS) offers free advice, information and help to renters who are having problems with their landlords or real estate agents. Justworks is moving to Lower Manhattan. The tower stands on Manhattanâs most charmless office corridor. âWe have more demand than available space,â Fiddle said.
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