Goldman Sachs is one of two large financial firms currentlyinvesting in Downtown's future--Goldman Sachs at Site 26 and JPMorgan Chase at Tower 5. In November 2005, the company broke groundon its 43-story tower to be located on the last remainingcommercial parcel in Battery Park City.

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"Goldman Sachs has called Lower Manhattan its home for 136 yearsand we are proud to reaffirm our commitment to this neighborhoodand to the City of New York," noted Henry Paulson Jr., chairman andCEO of Goldman Sachs at the time of groundbreaking. The companyexplained that it is building the new headquarters and maintaining9,000 employees with the expectation of creating thousands of jobsin the next decade.

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Goldman's current home, One New York Plaza, is located at Waterand Whitehall streets and is the southernmost of all Manhattanskyscrapers. Constructed in 1970, this 50-story Downtown buildingis comprised of almost 2.5 million sf and has a 111,000-sf base.The building underwent a renovation in 1995, which consisted ofrepainting the "waffle-iron" facade from its original black.

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According to sources, asking rent for space at the One New YorkPlaza property is around $50 per sf. Other office tenants includeFried Frank, Harris, Shiver & Jacobson, Prudential, SmithBarney Inc., Wachovia and the Battery Park Conservatory.

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Natalie Dolce

Natalie Dolce, editor-in-chief of GlobeSt.com and GlobeSt. Real Estate Forum, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.