DEP financial record excerpt with numerical data, undated

NYC 9/11 Public Portal Document

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Businet^ Comp. ’• 55.30 J 1,367.19 I I ’tJ o

I a 8 I w S’

HHC move gives big lift to Financial District g ■ Movin’ in percent, but its psycholo­ gical effect is greater. 3

HHC typifi.es the kind of i ■ TIw city’s H« tis Corp. B the latest enti non-fmancial tenant land­ J iitajof leas** HEALTH AN Rte recRe ' downtmm de lords have been courting to take the place of those that have split operations 3

MALTY 160 Water S1 between downtown and CHECK other locations, or moved out altogether. Exemsivi The HHC deal isn’t the inega-breakthroagh down­ town kndiords are pray­ ■■HE city’s Health and ing for ■— like a possible ■ Hospitals Corp, is 300,000 square-foot com­ poised to move hundreds mitment by CISC or Mid­ of staffers from Midtown town accounting giant to 160 Water St., The Post * * V** KPMG. has learned — a Christmas But until then, a healthy present for beleaguered commitment like HHC’s in downtown, and the area’s a Class-A building will do. second piece of good leas­ It’s not onl.y good news for ing news in less than a the office market but for month. '?// *' ■ stores and restaurants - nearby. In a deal likely to be ■ ■. .AV, signed this week, HHC Downtown Alliance will take about 126,000 president Carl Weisbrod, square feet of space in the •n.. ft. : who did. not know the spe­ glass tower between ' P 9* A : cifics of the HHC lease, Maiden Lane and. John conimented, “Government * agencies are very cost • Street. No lease is done until it’s Ml conscious, and a move of done— law firm Thacher, this kind recognizes the Proffitt & Woods sur­ 1 compelling economics of prised everyone last coming downtown.” Current asking rents at month when it passed up a widely predicted move to 4 *' «.. = •«.i ■ 230 W. 41st: St. are about $39 per square foot. Re­ 32 OM Slip in favor of the ■ cent asking rents at 160 World Financial Center,

■ Water St. have been about next to ground zero. But $10 less, a difference that insiders said the HHC deal 1 S' Langfelder confirmed at 160 Water was “real.” “over the life of the lease,” HHC, which administers the city’s vast public hos­ J. .‘j ■ Cushman & Wakefield is representing HHG in ne­ pital system, fe headquar­ gotiations, No one on the tered downtown at 125 ancial, audit and informa­ centives being used to lure Thacher Proffitt’s lease o'f C&W tenant-rep side re­ Worth St. tion services workers, and private-sector firms down­ 138,000 square feet at 2 turned calls, Ilie agent for HHC senior VP for fi­ town — “but if you know World t. ul Center, 160 Water St., 9 ham rd nance Rick langfelder said 455 employees would move to Water Street — from its MetroPlos subsid­ iary at 11W, 42nd St, He said that as a public of any, we’re interested,” he joked. a? sxpfiS'foK Feldman of Williamson, Picket, Gross, Inc. declined only a niodHst dent in to comment. most from 230 W. 4ist St., agency, HHC was not eli­ The imminent deal downtown’s office avail­ ■ Please send e-mail to where the agency has fin- gible for government in- comes on the heels of ability rate of around ,15 saiozzo@nypostcom.

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