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Moody’s Will Relocate Global Headquarters to Brookfield Place

Moody’s Corporation said Monday it will relocate its global headquarters to 200 Liberty St. at Brookfield Place in Lower Manhattan, continuing the company’s 115-year-plus connection to New York City. The move into approximately 460,000 square feet at the 40-story tower is slated for 2027.

“Brookfield Place is one of the world’s premier workplaces, and Moody’s decision to locate its global headquarters here signifies the company’s strong commitment to New York City, Lower Manhattan, their employees and the future of their business,” said Ben Brown, co-president, Brookfield Real Estate. “Moody’s will join an elite roster of leading companies at Brookfield Place, and we are thrilled to welcome them.”

Moody’s was represented on the deal by Cushman & Wakefield (Robert Lowe, John Cefaly, Paige Engledrum, Ed Donnery, Michael Montesi and Nicholas Dysenchuk) and Fried Frank (Valerie Kelly, Jonathan Mechanic and Catherine Bushong). Terms of the transaction were not disclosed.

Separately, the Battery Park City Authority announced it has executed an agreement with Brookfield Properties to modify and extend the ground lease for the 9.4-million-square-foot Brookfield Place complex. The agreement extends the ground lease term from 2069 to 2119.

Read More News Stories About: Brookfield Properties, Cushman & Wakefield
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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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