SUBSCRIBERS

Rockefellers to give up office occupied since 1933

Published Wed, Nov 26, 2014 · 09:50 PM
Share this article.

New York

DESCENDANTS of John D Rockefeller Jr will vacate office space at 30 Rockefeller Plaza that the family has occupied for more than 80 years. The Rockefeller family will leave Room 5600, the full-floor space on the tower's 56th storey, in the third quarter of 2015, and relocate to a new office a block south at One Rockefeller Plaza, said Fraser Seitel, a family spokesman. The Rockefellers have been occupants of Room 5600 since 1933, he said.

"They needed slightly less space, their lease was up and they got a good, reasonable deal," Mr Seitel said on Monday. The new office, combined with space leased by wealth-management firm Rockefeller & Co, will give the family a 75,000-square-foot presence at the property, developed by John D Rockefeller during the Great Depression. Rockefeller Center is owned by Tishman Speyer Properties LP.

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Property

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here