Moody’s Inks Lease At Brookfield Place

Moody’s is downsizing and trading one Lower Manhattan tower for another.

The credit ratings giant signed a 460,000-square-foot lease at Brookfield Properties’ 200 Liberty Street, setting up a 2027 move of its global headquarters, the company announced. Moody’s will relocate from Silverstein Properties’ 7 World Trade Center, where it now occupies 758,000 square feet.

The company will occupy multiple floors of the 40-story tower, which is part of the 9.4-million-square-foot Brookfield Place complex in Battery Park. The relocation is part of the company’s broader global office overhaul, which also includes new offices in London, Sydney, Tokyo, Milan and Washington, D.C.

A Cushman & Wakefield team including Robert Lowe, John Cefaly and Paige Engledrum represented Moody’s in the deal. Brookfield was represented in-house by Mikael Nahmias, Dan Roberts and Andrew Dunn, along with JLL’s Paul Glickman, John Wheeler and Christine Colley. The asking rent and lease length were not disclosed.

Brookfield Place, one of Lower Manhattan’s flagship office-and-retail complexes, has been a bright spot in a still-challenged submarket. Brookfield said it secured more than 2 million square feet of office leasing at the complex in 2025, accounting for roughly 40 percent of all office leasing activity downtown.

Brookfield acquired the complex from bankrupt Olympia and York in 1992 and spent $900 million to modernize it in the last decade. This year, the real estate giant extended its ground lease for another 50 years. The lease with the Battery Park City Authority, a state agency, is now scheduled to expire in 2119.

Office rents at Brookfield Place range from $53 to $65 per square foot, according to CoStar. Earlier this year, Jane Street Capital expanded its footprint at Brookfield’s 250 Vesey Street, another building in the complex, to nearly 1 million square feet. Other tenants include Royal Bank of Canada and Jones Day.