According to published reports, the space is being sublet from ING in a deal inked by Cushman & Wakefield. The building is owned by Cohen Bros. Realty. Representatives of Cushman & Wakefield would not speak on the record.

The announcement comes at a time when--as much as possible--the city's real estate market seems to be regrouping after the terrorist attacks. Amidst ongoing and escalating talks of rebuilding the trade center site, DMJM Harris/Arup, a joint venture of locally based engineering firm DMJM Harris and London-based consulting engineers Ove Arup, has signed a 12-year deal for 70,580 sf of sublease space at 20 Exchange Pl. Participants in the transaction say the firm is the first new tenant to make a major commitment to Lower Manhattan since Sept. 11. (Click on: Engineering JV Takes 70,580-SF Downtown Sublet.)

Also, long delayed plans for Nasdaq have taken form this week with its news of a deal at 1500 Broadway. On March 7, GlobeSt.com reported Morgan Stanley completed a sale/leaseback on the former Chevron/Texaco HQ in Harrison, NY, a play geared to "decentralize office locations for security and business continuity purposes" after the terrorist attacks.