55 Water Street | The Real Deal New York

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55 Water Street

55 Water Street
New York, NY 10004
Office, Leasing/Rental
55 Water Street
  • Address 55 Water Street
  • neighborhood Financial District
  • borough Manhattan
  • owner Retirement Systems of Alabama
  • owner entity NEWTON STREET CORP
  • floors 53
  • Year Built 1973
  • commercial units 52
  • total units 52
  • square feet 3,583,167
  • block and lot 1-00032-7501
  • BIN 1083346

01/06/16
...Midtown's 1633 Broadway, the SuperPier in Midtown South and 55 Water Street Downtown saw the biggest office leasing deals in their submarkets...

12/10/15
Manhattan office leasing activity in November was considerably lower than its five-year monthly average, according to commercial brokerage CBRE’s monthly market report. On the other...

55 Water Street John Adler thumb
12/07/15
...55 Water Street in the Financial District and the Teachers' Retirement System's John...

Douglas Peterson 55 Water Street thumb
10/30/15
...From left: McGraw Hill's Douglas Peterson and 55 Water Street in the Financial District McGraw Hill Financial, owner of Standard...

09/03/15
Alexander Wang is venturing into territory long reserved for financial-services tenants in its search for a new office, with the fashion house reportedly weighing a...

07/16/15
...55 Water Street in the Financial District (inset: Joel Wechsler) Photography and post-production...

01/13/15
...are designing the redevelopment of the Civil War-era property at 55 Water Street, which is being developed by the Cayre family's Midtown Equities...

12/26/14
Standard & Poor’s is close to a settlement with New York, the Securities and Exchange Commission and others over an investigation of how the financial...

11/21/14
...From left: a Hugo Boss model, 55 Water Street and the Starrett-Lehigh Building Hugo Boss is moving its North...

11/04/14
...55 Water Street in Financial District, and Stuart Romanoff Financial District-based construction services...

10/13/14
Midtown Equities has received a $95 million construction loan to proceed with its $150 million Dumbo warehouse conversion project known as Empire Stores. Tags: bobby...

07/16/14
...55 Water Street and Hugo Boss CEO Claus-Dietrich Lahrs German fashion brand Hugo...

11/05/13
...HK Organization, is redeveloping the four- and five-story structure at 55 Water Street fronting the East River. Brothers Jack and Michael Cayre, principals...

11/01/13
...s most valuable deal -- worth about $163 million -- at 55 Water Street, according to the ranking, which covers office leases signed in...

10/22/13
...55 Water Street (center) Supply chain management company GT Nexus is the latest...

09/27/13
...55 Water Street The city's Health and Hospitals Corporation, which administers the MetroPlus...

09/04/13
...55 Water Street rendering (credit: STUDIO V Architecture) Furniture retailer West Elm is...

02/27/13
...55 Water Street at center Liberty Mutual has inked a 10-year deal for...

12/04/12
...55 Water Street (center) New York's largest office tower is getting ready to...

11/26/12
...55 Water Street (center) A fire at a Financial District high-rise office tower...

11/06/12
...Real Deal told you last week, 1 New York Plaza and 55 Water Street, are just two examples of major downtown addresses where companies...

11/01/12
Pumping water at Pearl and Broad streets (credit: Adam Pincus) Commercial buildings housing at least 17.3 million square feet of office space in Lower Manhattan had...

07/02/10
...55 Water Street, home to Standard & Poor's The Alliance for Downtown New...

11/11/09
...s October decision to relocate 1,600 employees from an office at 55 Water Street in Manhattan’s Financial District to New Jersey, commercial real...

10/13/09
...New Jersey. The trust’s official headquarters will remain at 55 Water Street, where around 700 employees will remain...
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  • Event Office Leasing
  • Address 55 Water Street
  • Neighborhood Lower Manhattan
  • Borough Manhattan
  • Square feet 900,027
  • Publication Date 05/01/2016
  • Event Date 03/17/2016
  • Party 1 New Water Street
  • Party 1 Brokerage CBRE
  • Party 1 Broker Dave Caperna, Brad Gerla, Evan Haskell, Mary Ann Tighe
  • Party 2 McGraw Hill Financial
  • Party 2 Brokerage CBRE
  • Party 2 Broker Cara Chayet, Michael Liss, Ken Meyerson, Paul Myers, Ramneek Rikhy
notes
The financial analytics company renewed its lease for the entire 34th through 46th floors.
  • Event Office Leasing
  • Address 55 Water Street
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 37,000
  • Publication Date 12/01/2014
  • Event Date 10/17/2014
  • Party 1 Retirement Systems of Alabama
  • Party 2 Hunter Roberts Construction Group
  • Party 2 Brokerage Cushman & Wakefield
  • Party 2 Broker Ross Eisenberg, Stuart Romanoff
notes
The construction services firm signed a sublease to occupy the 51st floor. The company is relocating from 225 Liberty Street.
  • Event Retail Leasing
  • Address 55 Water Street
  • Neighborhood Financial District
  • Borough Brooklyn
  • Square feet 153,000
  • Publication Date 01/01/2014
  • Event Date 11/17/2013
  • Party 1 Midtown Equities
  • Party 1 Broker Mark Finkelstein
  • Party 2 West Elm
  • Party 2 Broker Chase Welles
notes
The furniture retailer signed a 20-year lease to become the anchor tenant at the Empire Stores commercial development in Dumbo. The company will relocate its headquarters, West Elm store and West Elm market store from elsewhere in Dumbo.
  • Event Office Leasing
  • Address 55 Water Street
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 120,000
  • Publication Date 04/01/2013
  • Event Date 02/20/2013
  • Party 1 New Water Street
  • Party 1 Brokerage CBRE
  • Party 1 Broker Mary Ann Tighe, Bradley Gerla
  • Party 2 Liberty Mutual
  • Party 2 Brokerage Cresa Partners
  • Party 2 Broker Robert Shulman
notes
The life insurance and financial services firm signed a 10-year lease, Crain's reported. The deal doubles the tenant's footprint in the building.
  • Event Office Leasing
  • Address 55 Water Street
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 200,000
  • Price per foot $ 45.00
  • Publication Date 01/01/2010
  • Event Date 11/22/2009
  • Party 1 Retirement Systems of Alabama
  • Party 1 Brokerage CBRE
  • Party 1 Broker Howard Fiddle, Mary Ann Tighe, Evan Haskell
  • Party 2 Depository Trust & Clearing
  • Party 2 Brokerage Cushman & Wakefield
  • Party 2 Broker Charles Borrock, Philip Weiss
notes
The post-trade financial services company renewed its lease for part of its headquarters and data centers, commencing January 2013$40s per sqaure foot.
  • Event Office Leasing
  • Address 55 Water Street
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 33,025
  • Publication Date 12/01/2009
  • Event Date 10/22/2009
  • Party 1 Clearbridge Advisors
  • Party 2 Manhattan Telecommunication Corporation
  • Party 2 Brokerage Grubb & Ellis
  • Party 2 Broker Barrett Stern
notes
The telecommunications firm inked a 16-year sublease.
  • Event Office Leasing
  • Address 55 Water Street
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 66,948
notes
The law firm, which will maintain its global headquarters at 125 Broad Street, took space in the 3.8-million-square-foot office complex. The building, which was more than 14 percent vacant in 2005, is now 98 percent occupied.
  • Event Office Leasing
  • Address 55 Water Street
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 429,000
  • Publication Date 11/01/2006
  • Event Date 09/22/2006
  • Party 1 The New Water St., Retirement Systems of Alabama
  • Party 1 Brokerage CBRE
  • Party 1 Broker Mary Ann Tighe, Howard Fiddle, Bradley Gerla
  • Party 2 Department of Transportation
notes
The new space will include 369,000 square feet on floors four through nine, as well as concourse, basement and underground space. Offices at 40 Worth Street, 2 Rector Street and 59 Maiden Lane will be consolidated into the new space in 2007.
  • Event Office Leasing
  • Address 55 Water Street
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 400,000
  • Publication Date 03/01/2006
  • Event Date 01/20/2006
  • Party 1 New Water Street Corporation
  • Party 1 Brokerage CBRE
  • Party 1 Broker Howard Fiddle, Bradley Gerla, Ken Rapp
  • Party 2 City Department of Transportation
notes
A term sheet has been signed; the deal is expected to close in the coming months.
  • Event Office Leasing
  • Address 55 Water Street
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 203,669
  • Publication Date 07/01/2005
  • Event Date 05/22/2005
  • Party 1 Retirement Systems of Alabama
  • Party 1 Brokerage CBRE
  • Party 1 Broker Mary Ann Tighe, Howard Fiddle, Thomas Shirocky
  • Party 2 Bowne & Company
  • Party 2 Brokerage Cushman & Wakefield
  • Party 2 Broker Jeffrey Heller
notes
Printing and electronic communications company to occupy 10th, 11th and 50th floors
  • Event Office Leasing
  • Address 55 Water Street
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 69,555
  • Publication Date 02/01/2004
  • Event Date 12/23/2003
  • Party 1 Brokerage CBRE
  • Party 1 Broker Mary Ann Tighe, Brad Gerla, Howard Fiddle
  • Party 2 Health Insurance Plan of New York
  • Party 2 Brokerage GVA Williams Real Estate
  • Party 2 Broker Brian Given
notes
Signs for more space after taking 486,000 sf last year

December was a robust month for office leasing in Manhattan, with high-profile deals signed in all three major markets of Midtown, Midtown South and Downtown....

The Manhattan office leasing market started 2011 with a bang of big leasing deals, driving down availability rates significantly. It's not expected to perform quite...

Whether encouraged by declining asking rents or spurred by pent-up demand, brokers said office tenants finished out the extremely difficult year of 2009 with a...

Click chart to see enlarged version While Manhattan buildings have seen sale discounts as high as 70 percent in this recession, this is not the first...

Manhattan office vacancy hits lowest level since 2001; Downtown grabbing big share of large leases ...

Reports of Downtown's death as a commercial center may be greatly exaggerated. ...

Michael and Paul Ippolito Executive VPs and Principals, Newmark & Co. --Although the Ippolito brothers, Michael and Paul, joined Newmark at a difficult time, they were rescued...
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