Lease Beat

US Census Bureau Takes 40,000SF at 32 Old Slip

32 Old Slip.

32 Old Slip.

The United States Census Bureau is making a new home at 32 Old Slip in Lower Manhattan, signing a 40,000-square-foot lease. The company will take over the building’s ninth floor and a small portion of the eighth floor, paying in the low $40s per square foot, according to a January 22 report by Crain’s.

The building – owned by Beacon Capital – is a 36-story office tower comprised of over 1.1 million total square feet. It is located in a region left damaged by Tropical Storm Sandy.

The census bureau was represented by the General Services Administration (GSA) and CBRE executive vice president, Bruce Surry, represented Beacon Capital. Neither Mr. Surry nor GSA regional administrator, Denise Pease, responded to calls for comment by press time.

It was recently announced that construction firm, Hunter Roberts, will be taking over the entire tenth floor — about 37,000 square feet — for rents in the $40s per square foot.

It was announced this past September that Sentry Centers, a company that operates several conference centers in Midtown Manhattan, had signed a deal to lease a 38,750 square foot space at the building. In signing the lease, Sentry Centers will unveil its first conference center in the Downtown market.

The new convention space will be at Goldman Sachs’ former internal training and conference center at 32 Old Slip. The space was scheduled to undergo a $3.6 million renovation. The company’s newest conference center will be its second largest, according to CoStar data. The company’s conference center at 810 Seventh Avenue is 23,262 square feet, while its other one at 730 Third Avenue is the largest at 43,000 square feet.

Follow Karsten Strauss on Twitter or via RSS. kstrauss@observer.com
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