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EDC and SBS Move to One Liberty Plaza

The New York City Economic Development Corporation and New York City Department of Small Business Services will move to another Lower Manhattan location.

One Liberty Plaza One Liberty Plaza

New York City’s Economic Development Corporation and Department of Small Business Services will be moving from 110 William Street to One Liberty Plaza. Under a 20-year lease, EDC and SBS will occupy 222,137 square feet, floors 10 through 14. The price is undisclosed. However, the Real Deal has reported that asking rents in comparable areas of the building are in the mid-$50s per square foot.

Stephanie Baez, from EDC’s public affairs office, tells GlobeSt.com that One Liberty Plaza was selected due to its strategic location, access to transportation, and modern workspace. She notes the move will occur next year.

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Betsy Kim

Betsy Kim

Betsy Kim was the bureau chief, East Coast, and New York City reporter for Real Estate Forum and GlobeSt.com. As a lawyer and journalist, Betsy has worked as the director of editorial and content for LexisNexis Lawyers.com, a TV/multi-media journalist for NBC and CBS affiliated TV stations in the Midwest, and an associate producer at Court TV.

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