David J. Friedman, northeast regional vice president for Louis Dreyfus Property Group, had no comment on those reports. A spokesman for Royal Bank of Scotland and RBS Greenwich Capital also had no comment.

Mayor Dannel Malloy would only say that the city had been working on the deal to bring the two financial firms to Stamford for a long time. He also says the Royal Bank of Scotland/RBS Greenwich Capital building "will be a completely different building entirely" than the 23-story, 574-000-sf Connecticut Place project Louis Dreyfus had proposed to the city some years ago.

The group, which also has offices in Wilton, obtained approvals and officially launched its marketing efforts to secure tenants for Connecticut Place in October 2000. While it had some close calls in landing large tenants at the property, leasing interest was insufficient to start construction on the venture.

Last Wednesday, Connecticut Gov. M. Jodi Rell announced that a deal had been reached with Royal Bank of Scotland its subsidiary RBS Greenwich Capital to consolidate their respective North American headquarters operations in New York City and Greenwich into a new office complex on property along Washington Boulevard. Royal Bank of Scotland's North American headquarters is currently located at 101 Park Ave. in Manhattan, while RBS Greenwich Capital's headquarters is at 600 Steamboat Rd. in Greenwich. The project would relocate 550 employees from Royal Bank of Scotland's New York City operations and 700 workers from RBS Greenwich Capital's offices, according to state officials.

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