High-frequency trading firm Hudson River Trading is taking 69,000 square feet of office space at Silverstein Properties 4 World Trade Center in the Financial District.
The company will occupy the 57th and 58th floors at the 72-story, 2.3 million-square-foot office tower starting next year.
Hudson River Trading’s space comes with a 5,000-square-foot outdoor terrace located on a setback on 4 WTC’s 57th floor and invisible from the street, according to the New York Post. The terms of the deal and asking rents at the building were not disclosed.
The firm, which uses automated trading algorithms to carry out its high-frequency trading operations, will be leaving its current office at 32 Old Slip, also in the Financial District.
The Port Authority of New York and New Jersey anchors the property, which houses the agency’s 650,000-square-foot headquarters.