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One Five One West 42nd Street in Mnahattan's Times Square is now 97% leased after CTC took two full floors

Nasdaq to Move Global HQ to NYC’s 4 Times Square

Nasdaq Inc. signed a lease to relocate its global headquarters to The Durst Organization’s 4 Times Square, a 48-story tower in New York City’s midtown. The company is taking 145,000 square feet at a building that houses its Nasdaq MarketSite, where it broadcasts market opening and closing bell ceremonies. It will relocate all its operations from 1 Liberty St. in downtown by 2021.

The Times Square building at 151 West 42nd St. was built in 1999 and recently underwent $140 million in renovations that entailed a new entrance and lobby, as well as other upgrades. The stock market exchange is expanding its existing 24,000-square-foot MarketSite space. It will create a state-of-the-art event space on the 10th floor with a 2,100-square-foot outdoor terrace overlooking Times Square.

NKF’s Michael Ippolito and Cushman & Wakefield’s Robert Tanzman represented the tenant. The landlord was self-represented.

For comments, questions or concerns, please contact Dennis Kaiser

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Read more at The Durst OrganizationConnect With NKF’s IppolitoConnect With Cushman & Wakefield’s Tanzman

About Dennis Kaiser

Dennis Kaiser is Vice President of Public Relations and Communications for Connect Creative. Dennis is a communications leader with more than 40 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect Creative’s agency client services and is involved in a range of initiatives ranging from public relations and content strategy, communications and message development, copywriting, media relations, social media and content marketing services. Prior to joining Connect Media in 2015, his most recent corporate communications roles involved leading a regional public relations effort across Southern California for CBRE, playing a key marketing role on JLL’s national retail team, and directing the global public relations effort at ValleyCrest (BrightView), the nation’s largest commercial landscape services company. He has worked on marketing communications assignments for such CRE companies as Blackstone/Equity Office, Carlyle, Caruso, Disney Resorts, GE Capital, Irvine Company, Hines, Howard Hughes Corp., Jeffries, Lennar, MGM, Marcus & Millichap, Prologis, Raleigh Studios, Simon, Starwood, Trammell Crow Company, Transamerica, UBS and Wynn Resorts. Dennis has also worked on communications and launch strategies for a number of consumer electronic, media and tech brands including SlingMedia, Channel Master, Deluxe Media Entertainment, BeIn Sports, EchoStar and Sprint. Dennis’s agency background included firms such as Off Madison Ave., Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, Boy Scouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and the Thunderbirds Charities.

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