Oct. 16 (Bloomberg) -- NCR Corp. the world's largest manufacturer of automated teller machines, will lease an entire floor of 7 World Trade Center, the first of the buildings destroyed in the Sept. 11 terrorist attacks to be rebuilt.

The lease covers the 35th floor of the 52-story building, where Dayton, Ohio-based NCR will locate executive offices, a conference center and 200 employees, New York Governor Eliot Spitzer said today at a press conference to announce the lease. The company's corporate headquarters will remain in Dayton.

Spitzer said NCR's decision to lease downtown was a sign that New York's traditional financial district was reviving six years after the terror attacks drove many banks to midtown Manhattan.

``We are coming back. We are drawing the best companies. We are drawing the intellectual, high value added jobs that we care about,'' Spitzer said.

JPMorgan Chase & Co., the third-largest U.S. financial services firm, said in June it will move its investment banking division to lower Manhattan.

NCR will house sales and service staff in the 40,000 square- foot space, said William Nuti, the company's chairman and chief executive officer.

Sensible Move

``It makes a lot of sense to be here from a business point of view,'' Nuti told the lower Manhattan press conference.

NCR will receive a standard package of incentives, including exemptions from the commercial rent tax and sales tax breaks for office furniture and equipment, approved by the state Legislature in 2005. The company will also get $1.5 million in relocation assistance, Spitzer said.

Developer Larry Silverstein, who built 7 World Trade Center, said the 1.7 million square-foot building is 74 percent occupied. Other tenants include credit rating company Moody's Corp. and Ameriprise Financial.

NCR Corp., formerly known as National Cash Register Co. was founded in 1884 and made the first mechanical cash registers, according to the company's Web site.

To contact the reporters on this story: Martin Z. Braun in New York at mbraun6@bloomberg.net; David M. Levitt in New York at dlevitt@bloomberg.net

Last Updated: October 16, 2007 12:34 EDT