Hudson River Trading Moving to 3 World Trade CenterJan 08, 2019
HUDSON RIVER TRADING MOVING TO 3 WORLD TRADE CENTER
PIONEERING FINTECH FIRM TO OCCUPY 4 FLOORS
INCLUDING HIGHEST OUTDOOR TERRACE IN NEW YORK CITY
NEW YORK, January 8, 2019 – Silverstein Properties Chairman Larry Silverstein announced today that the company has signed a lease with Hudson River Trading (HRT), a pioneer in the fintech industry, for 136,000 square feet of office space at 3 World Trade Center.
Founded in 2002, HRT develops automated trading algorithms using advanced mathematical and statistical modeling techniques in an extremely high-performance computing environment. With offices around the world, HRT trades equities, futures, options, currencies and fixed income on over 50 markets worldwide.
HRT, which is currently located on the 57th and 58th floors of 4 World Trade Center, will move its headquarters to the 74th, 75th, 76th and 77th floors next door at 3 World Trade Center. Included in the lease is an iconic 5,000 square foot outdoor terrace that was made possible by the 76th floor setback of the Richard Rogers designed tower. HRT will now have sole access to the space, at 935 feet, the highest private outdoor terrace in New York City, along with panoramic views of New York Harbor and the Midtown skyline.
HRT had this to say on the move: “HRT is delighted to be moving to 3 WTC. We’ve enjoyed incredible growth over the past few years, and we look forward to continued growth next door.”
Larry Silverstein said: “It’s so exciting to see companies such as Hudson River Trading grow and move within the World Trade Center. This is the most accessible place in New York, and a major draw for the City’s top talent.”
Jeremy Moss, Director of World Trade Center Leasing for Silverstein Properties, led the negotiations for the landlord, together with the CBRE agency team including Mary Ann Tighe, Ken Meyerson, Evan Haskell, David Caperna, Adam Foster, Steve Eynon, Rob Hill. Hudson River Trading was represented by Sacha Zarba and Chris Corrinet of CBRE. HRT has also hired Gensler Architects to design its space. Gensler designed the company’s existing headquarters at 4 WTC, which also features an outdoor terrace.
Jeremy Moss said: “Downtown is where Wall Street meets Silicon Alley. Lower Manhattan has always been the international capital of finance, but over the past 10 years, the neighborhood has completely transformed, attracting nearly 1,000 TAMI (Technology, Advertising, Media, Information Services) companies from start-ups to established brands. Now these sectors are merging and Lower Manhattan is becoming the fintech center of America. Hudson River Trading joins many other great fintech companies at the World Trade Center.”
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About Hudson River Trading
Hudson River Trading (HRT) is a multi-asset class quantitative trading firm based in New York City. Founded in 2002, HRT develops automated trading algorithms that provide liquidity and facilitate price discovery on exchanges and alternative trading systems. With offices around the world, HRT trades equities, futures, options, currencies and fixed income on over 100 markets worldwide. For more information, visit www.hudson-trading.com.
About 3 World Trade Center
Designed by Pritzker-prize winning architect Richard Rogers and his firm Rogers Stirk Harbor + Partners, 3 World Trade Center is a model of transparency and sustainability. The tower consists of a reinforced concrete core with steel structure outside the core and is clad in an external structural steel frame. The 2.5 million square foot building features floor to ceiling glass, and all four corners and each floor plate of the tower are column-free to create an open workspace environment – key for cutting-edge companies in brainpower driven businesses like technology, advertising and branding, as well as law and financial service firms. 3 World Trade Center will be a LEED-certified Gold office tower.
Anchored by media investment firm GroupM, with over 700,000 square feet on 13 floors at the base of the building, 3 WTC recently signed leases with stock exchange company IEX, management consulting firm McKinsey & Co and global sleep company Casper. The building is currently over 45% leased. In addition, 3 WTC features over 216,000 square feet of retail space, spanning five floors. Located next to the WTC Transit Hub and above Westfield’s shops, 3 WTC is also connected underground to Brookfield Place as well as 11 subway lines and the PATH trains. Learn more at www.3wtc.com.
About Silverstein Properties
Silverstein Properties is a privately held, full-service real estate development, investment and management firm based in New York. Founded in 1957 by Chairman Larry Silverstein, the company has developed, owned and managed more than 40 million square feet of commercial, residential, retail and hotel space. Recent projects include 7 World Trade Center, the first LEED-certified office tower in New York City (2006), 4 World Trade Center (2013), the Four Seasons Downtown (2016), One West End (2017) and 3 World Trade Center (2018).
The company has been recognized as one of the “Best Places to Work in New York City” by Crain’s New York Business for eight years in a row. For further information on Silverstein Properties, please visit www.silversteinproperties.com or http://www.wtc.com.