Posted Oct 19, 2010, 1:25 AM
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New Yorker for life
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Join Date: Jul 2001
Location: Borough of Jersey
Posts: 51,900
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http://www.bloomberg.com/news/2010-1...dquarters.html
Morgan Stanley Said to Consider Renting Former Goldman Sachs Headquarters
By David M. Levitt and Michael J. Moore
Oct 18, 2010
Quote:
Morgan Stanley may be the next tenant at the former home of rival Goldman Sachs Group Inc.
Morgan Stanley is searching for about 1 million square feet (93,000 square meters) of offices in lower Manhattan and is considering 1 New York Plaza, where it already rents, and Goldman Sachs’s former headquarters at 85 Broad St., three people with knowledge of the discussions said. The bank also is looking at other properties as it seeks to consolidate some of its downtown operations, said one of the people, who asked not to be named because the talks are private.
Morgan Stanley, the sixth-largest U.S. bank by assets, is a long way from deciding where to house its downtown operations, the people said. The company has also looked at potential layouts at 1 New York Plaza, where it rents about 750,000 square feet, two people said.
Morgan Stanley’s new downtown space wouldn’t replace its headquarters at 1585 Broadway.
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