The Real Deal New York

A firm key to the rebuilding of 7WTC will now call it home

Contractor Permasteelisa Group taking space on the tower’s 32nd floor

March 04, 2015 03:01PM
By Hiten Samtani

7 World Trade Center

7 World Trade Center

UPDATED, 1:04 p.m., March 6: A contracting firm key to the rebuilding of 7 World Trade Center after the Sept. 11 attacks is now setting up shop in the Lower Manhattan tower.

Permasteelisa Group, which produced the glassy curtain wall at the 52-story tower, is taking 13,000 square feet on the tower’s 32nd floor. The sublease from FXDD, an online foreign exchange trading services provider, runs through November 2022. FXDD is itself subleasing the space, that was originally leased by Dutch lender ABN Amro Bank.

The contractor, which currently operates out of 32 Sixth Avenue, will pay rents starting at around $60 per square foot, according to CompStak data. Credit rating firm Moody’s is the 1.7 million-square-foot Skidmore, Owings and Merrill-designed building’s largest tenant, with north of 800,000 square feet.

Savills Studley’s Scott Weiss and Caroline Kingsbery represented FXDD, according to a listing on real estate website 42Floors. The brokers could not be reached for comment. Barry Lewen from Coldwell Banker Commercial Alliance represented Permasteelisa.

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