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Giant Downtown Tenant Locks in its Space

NEW YORK CITY—The occupier, a financial information firm, has signed a long-term renewal for nearly one million square feet.

55 Water St. McGraw Hill Financial is the largest tenant at 55 Water St. in Lower Manhattan.

NEW YORK CITY—McGraw Hill Financial—the parent company of Standard & Poor’s—has agreed to stay put in its sprawling Downtown space.

The tenant reached an agreement with landlord New Water Street Corp. to renew it 900,027-square-foot lease at 55 Water St. McGraw Hill inked a multi-year renewal for the entire 34th through 46th floors—along with a portion of the concourse and 52nd floor. The company is the largest tenant in the building.

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Rayna Katz

Rayna Katz

Rayna Katz is a seasoned business journalist whose extensive experience includes coverage of the lodging sector, travel and the culinary space. She was most recently content director for a business-to-business publisher, overseeing four publications. While at Meeting News, a travel trade publication, she received a Best Reporting award for a story on meeting cancellations in New Orleans during Hurricane Katrina.

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