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Deals & Dealmakers

Durst inks 135,000 s/f deal at 4 Times Square

The Durst Organization has signed a 135,571 s/f lease for the entire fifth and sixth floors and partial seventh floor at 4 Times Square.

The company will welcome SS&C Technologies Holdings, Inc., a global provider of financial services software and software-enabled services, to 4 Times Square in mid-2017. SS&C Technologies signed a 15-year lease for the 135,571 s/f of office space in a deal brokered by JLL’s international director Bob Ageloff, vice chairman Derek Trulson, and managing director Bill Peters.

The Durst Organization was represented in-house by senior vice president of leasing Tom Bow, vice president of leasing Rocco Romeo, and vice president of leasing Ashlea Aaron.

“We are pleased to expand our footprint in New York by leasing space in such a beautiful building in the heart of Times Square,” said Bill Stone, chairman and chief executive officer, SS&C Technologies.

“I appreciate JLL’s Executive Chairman – Americas, Roger Staubach, for his personal involvement and the great team he put on our account to support in securing this exciting location. 4 Times Square will assist in attracting and retaining top talent, which is our most valuable asset.”

SS&C joins Fross Zelnick Lehrman & Zissu, RSM, ICAP, and NASDAQ in the 1.9 million square foot tower, located on the corner of 43rd street and Broadway. 4 Times Square is currently undergoing a $100 million-plus renovation that will include new entrances, a lobby renovation, new elevators and HVAC system, and a 40,000 s/f tenant amenity with a state-of-the-art conference center space.

“We are excited SS&C has chosen to remain in the Durst portfolio and welcome them to 4 Times Square,” said Jonathan (Jody) Durst, president of The Durst Organization.

“The newly designed Times Square space is attracting great companies like SS&C. As the global leader of financial technology and software-enabled services, and being publicly traded on NASDAQ, I could not think of a better place for their corporate home.”

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