Key Takeaways
- • Oppenheimer has secured a 220,000-square-foot lease at 32 Old Slip in Lower Manhattan for newly designed office space.
- • The relocation is intended to bring employees closer together and give the firm access to high-quality infrastructure, according to the primary source.
- • The source provides limited detail on lease terms, rent, timing, and floors, so these specifics cannot be confirmed from available material.
Summary
Oppenheimer has signed a lease for 220,000 square feet at 32 Old Slip, a office building in Lower Manhattan, for a new space that has been designed for the firm. The relocation is aimed at consolidating employees in closer proximity and giving the firm access to high-quality infrastructure, according to the original report.
The available source material is brief and does not disclose financial terms of the lease, including base rent, lease length, concessions, or the move-in date. It also does not specify how many employees will relocate or whether the move represents a full consolidation of the firm's New York footprint. Readers seeking those details should consult subsequent coverage or filings.
The available source material is brief and does not disclose financial terms of the lease, including base rent, lease length, concessions, or the move-in date. It also does not specify how many employees will relocate or whether the move represents a full consolidation of the firm's New York footprint. Readers seeking those details should consult subsequent coverage or filings.
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