Rockefellers to leave iconic office at Tishman Speyer’s 30 Rock

The family business has been located in the tower since 1933

New York /
Nov.November 24, 2014 08:03 AM

The Rockefellers are officially leaving 30 Rock.

The family business is relocating to a 19,000-square-foot office at 1 Rockefeller Plaza next year, according to the New York Times, where roughly 44 staffers will be located. Rockefeller & Co., which manages the family’s investments, has moved to 10 Rockefeller Plaza.

One of America’s most famous — and most wealthy — families, the Rockefellers initially sold off 30 Rock as well as nine other buildings at Rockefeller Center in 2000. Tishman Speyer’s Jerry Speyer, together with the Lester Crown family from Chicago, bought the buildings then. Since then, the family kept renting out a 56th-floor aerie, according to the newspaper.

The 70-story tower was built in 1933 (John Rockefeller Jr. broke ground on the project in the midst of the Great Depression).

It’s unclear how much rent the Rockefellers will pay at their new location. David Rockefeller Jr., grandson of John D. Rockefeller, told the newspaper that the family “got a deal we are not at liberty to speak about.”

“We decided to start again at 1 Rock,” he also told the newspaper. “This is the first time this generation has gotten to say what their needs are.”

Tishman Speyer chairman Jerry Speyer wouldn’t comment on the deal either, but told the newspaper, “I would be surprised if they weren’t worried about rent. I think sensible people respect money.” [NYT] — Claire Moses


Related Articles

arrow_forward_ios
From left: Steven Rockefeller Jr., Wayne Morrison, and Florian Haffa

Past the pandemic: Rockefeller family pitches global luxury development projects

Past the pandemic: Rockefeller family pitches global luxury development projects
Westchester & Fairfield Cheat Sheet: $33M Rockefeller estate sale named priciest of 2018, famous photog’s ex-New Canaan home seeks $2M … & more

Westchester & Fairfield Cheat Sheet: $33M Rockefeller estate sale named priciest of 2018, famous photog’s ex-New Canaan home seeks $2M … & more

Westchester & Fairfield Cheat Sheet: $33M Rockefeller estate sale named priciest of 2018, famous photog’s ex-New Canaan home seeks $2M … & more
From left: David Rockefeller, 146 East 65th Street and Doug Band. (Credit: TRD, LinkedIn)

Buyer of Rockefeller mansion revealed to be controversial ex-Clinton adviser

Buyer of Rockefeller mansion revealed to be controversial ex-Clinton adviser
David Rockefeller’s UES manse sells at a $12.5M discount

David Rockefeller’s UES manse sells at a $12.5M discount

David Rockefeller’s UES manse sells at a $12.5M discount
Little-known Turkish company accidentally owns 30 Rock, Grand Central

Little-known Turkish company accidentally owns 30 Rock, Grand Central

Little-known Turkish company accidentally owns 30 Rock, Grand Central
Westchester & Fairfield Cheat Sheet: Rockefeller estate in Mount Pleasant sells for $33M, home rentals on the rise in Greenwich  … & more

Westchester & Fairfield Cheat Sheet: Rockefeller estate in Mount Pleasant sells for $33M, home rentals on the rise in Greenwich … & more

Westchester & Fairfield Cheat Sheet: Rockefeller estate in Mount Pleasant sells for $33M, home rentals on the rise in Greenwich … & more
From front: David Rockefeller on a visit to Bahrain and the UAE in 1979; Hudson River from Bear Mountain Bridge. (Credit: Hashmoder)

Rockefeller property sells for 50 percent more than asking price

Rockefeller property sells for 50 percent more than asking price
David Rockefeller’s mansion finds a buyer

David Rockefeller’s mansion finds a buyer

David Rockefeller’s mansion finds a buyer
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...