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BlackRock to pay US$1.25b rent over 20 years for New York HQ
Firm is moving into 847,000 sq ft of space in new project
Published Fri, May 26, 2017 · 09:50 PM
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New York
BLACKROCK Inc will initially pay about US$60 per square foot in rent for its future headquarters in the Hudson Yards district on the far west side of midtown Manhattan, the company said in a filing on Thursday.
BlackRock, which oversees US$5.4 trillion in assets and is the world's largest asset manager, is moving into 847,000 square feet of a development that will be part of a neighbou…
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