RBC Capital Markets, a subsidiary of Royal Bank of Canada, was represented in the lease deal by Newmark & Company Real Estate, Inc.'s Stephen Banker, managing director of the firm's Westchester/Connecticut operations and Vice Chairman Arthur Lerner. Frank Boccanfuso of FMB Real Estate Services LLC represented the building owner, Phoenix Capital Partners LLC.

Newmark's Banker explains that the deal involves the assignment of the lease of the entire fourth floor from AmeriTrade. RBC Capital Markets, is the corporate and investment banking business of RBC Dominion Securities Corp., also a subsidiary of Royal Bank of Canada.

Kevin Mutell, manager of facilities for Royal Bank of Canada, notes that the company's interest in leasing space at the RiverView at Purchase building began shortly after Sept. 11 when it was looking for contingency space. One Liberty Plaza, where the company had occupied approximately 180,000 sf of space, was damaged in the Sept. 11 attacks. The company is currently operating in a number of New York City properties on a short term basis. Mutell says the company expects to re-occupy its North American headquarters space at One Liberty Plaza in early 2002.