Nasdaq MarketSide

NEW YORK CITY—Nasdaq is moving its global headquarters from downtown Manhattan to its current Nasdaq MarketSite location at 4 Times Square. It has signed a 15-year lease with the Durst Organization for 145,000 square feet which includes the extension of the current lease of its MarketSite operations. This division provides the commercial marketing presence of the Nasdaq stock market in a glass-enclosed, 24,000 square-foot area at the northwest corner of the ground floor of the building.

The new lease increases by fivefold Nasdaq's existing footprint in the 48-story glass tower. The MarketSite event space expanding to the 10th floor will feature a 2,100 square-foot outdoor terrace overlooking Times Square, above the Nasdaq tower. It will have the capacity to host more than 400 people.

The new global headquarters will remain the center for the opening and closing market bell ceremonies, broadcast and media correspondence facilities, and Nasdaq tower and marquee advertising opportunities. It will also house the Market Intelligence Desk, where market professionals provide clients with real-time market analysis and information.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

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.