{"id":1004031072,"date":"2011-07-19T20:29:51","date_gmt":"2011-07-20T04:29:51","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004031072"},"modified":"2022-12-08T07:32:15","modified_gmt":"2022-12-08T15:32:15","slug":"oppenheimer-to-take-270000-sf-at-manhattans-85-broad","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/oppenheimer-to-take-270000-sf-at-manhattans-85-broad\/","title":{"rendered":"Oppenheimer to Take 270,000 SF at Manhattan&#8217;s 85 Broad"},"content":{"rendered":"<p><strong>July 19, 2011<\/strong><br \/>\n<em>By Nicholas Ziegler, News Editor<\/em><br \/>\n<a class=\"highslide\" href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2011\/07\/071911-85-Broad-St-Oppenheimer.jpg\"><img loading=\"lazy\" decoding=\"async\" data-attachment-id=\"1004031073\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/oppenheimer-to-take-270000-sf-at-manhattans-85-broad\/071911-85-broad-st-oppenheimer\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2011\/07\/071911-85-Broad-St-Oppenheimer.jpg\" data-orig-size=\"480,393\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;}\" data-image-title=\"071911 &#8211; 85 Broad St Oppenheimer\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2011\/07\/071911-85-Broad-St-Oppenheimer.jpg?w=480\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2011\/07\/071911-85-Broad-St-Oppenheimer.jpg\" alt=\"\" title=\"071911 - 85 Broad St Oppenheimer\" width=\"150\" height=\"150\" class=\"alignright size-thumbnail wp-image-1004031073\" \/><\/a><\/p>\n<p>The Manhattan deals keep on coming. On Monday, Oppenheimer &amp; Co. Inc. announced that it inked a lease to occupy seven floors and 270,000 square feet at 85 Broad Street in lower Manhattan for a 15-year term. The 30-story, 1.1 million square foot Class A office property is owned by a MetLife subsidiary. <\/p>\n<p>Oppenheimer\u2019s deal comes hot on the heels of other high-profile signings in the NYC area, including a $372 million refi at 1285 Avenue of the Americas, and financial-services company Nomura Holding America Inc. leasing 900,000 square feet of space at Worldwide Plaza, both earlier this month. The recent movement in the industry was cited as a partial reason for the Oppenheimer deal, according to CEO Albert Lowenthal. &#8220;Oppenheimer has a long history in New York, and especially in Lower Manhattan,\u201d he said. \u201cWe are proud to increase our operations here and be part of the ongoing revitalization of the area.\u201d<\/p>\n<p>The new office space, which is slated for occupancy in late 2011, will house Oppenheimer\u2019s corporate headquarters and will consolidate its primary business lines, including its asset management; investment banking and trading; and capital markets divisions, in one location. Cushman and Wakefield represented Oppenheimer in the transaction; MetLife was represented by Jones Lang LaSalle.<\/p>\n<p>The building saw its profile rise in recent years, as longtime occupant Goldman Sachs vacated in early 2010 and it became the largest block of unoccupied space in the Manhattan market at the time, according to a report by <em>Crain\u2019s<\/em>. To that end, MetLife was pleased to sign another high-profile tenant. <\/p>\n<p> \u201cWe\u2019re excited to welcome Oppenheimer,\u201d said Robert Merck, senior managing director and head of real estate investments for MetLife. \u201cHaving [them] reinforces 85 Broad\u2019s prominent presence in lower Manhattan.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Manhattan deals keep on coming. On Monday, Oppenheimer &amp; Co. Inc. announced that it inked a lease to occupy seven floors over 270,000 square feet at 85 Broad Street in lower Manhattan.<\/p>\n","protected":false},"author":1201,"featured_media":1004031073,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21808,21742,10,21747],"tags":[],"class_list":["post-1004031072","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured","category-latest","category-northeast","category-office"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Oppenheimer to Take 270,000 SF at Manhattan&#039;s 85 Broad - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/oppenheimer-to-take-270000-sf-at-manhattans-85-broad\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Oppenheimer to Take 270,000 SF at Manhattan&#039;s 85 Broad\" \/>\n<meta property=\"og:description\" content=\"The Manhattan deals keep on coming. On Monday, Oppenheimer &amp; Co. Inc. announced that it inked a lease to occupy seven floors over 270,000 square feet at 85 Broad Street in lower Manhattan.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/oppenheimer-to-take-270000-sf-at-manhattans-85-broad\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2011-07-20T04:29:51+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-08T15:32:15+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2011\/07\/071911-85-Broad-St-Oppenheimer.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"480\" \/>\n\t<meta property=\"og:image:height\" content=\"393\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Nicholas Ziegler\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/oppenheimer-to-take-270000-sf-at-manhattans-85-broad\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/oppenheimer-to-take-270000-sf-at-manhattans-85-broad\\\/\"},\"author\":{\"name\":\"Nicholas Ziegler\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/ff3a837f33daecfcf8978b405eaae20c\"},\"headline\":\"Oppenheimer to Take 270,000 SF at Manhattan&#8217;s 85 Broad\",\"datePublished\":\"2011-07-20T04:29:51+00:00\",\"dateModified\":\"2022-12-08T15:32:15+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/oppenheimer-to-take-270000-sf-at-manhattans-85-broad\\\/\"},\"wordCount\":297,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/oppenheimer-to-take-270000-sf-at-manhattans-85-broad\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2011\\\/07\\\/071911-85-Broad-St-Oppenheimer.jpg\",\"articleSection\":[\"Featured\",\"News\",\"Northeast\",\"Office\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/oppenheimer-to-take-270000-sf-at-manhattans-85-broad\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/oppenheimer-to-take-270000-sf-at-manhattans-85-broad\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/oppenheimer-to-take-270000-sf-at-manhattans-85-broad\\\/\",\"name\":\"Oppenheimer to Take 270,000 SF at Manhattan's 85 Broad - 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