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Asset Manager Wellington to Open Its First Office in Manhattan

  • Growing firm signs letter of intent for space at 799 Broadway
  • New building will host more than 250 New York-based employees
799 Broadway

799 Broadway

Source: Business Wire

Wellington Management, the $1.3 trillion asset manager, plans to open its first New York office.

The firm has signed a letter of intent to lease 71,000 square feet (6,600 square meters) across four floors at 799 Broadway, according to a spokeswoman. Wellington will be an anchor tenant at the newly constructed property, which has loft-style work spaces, large windows and an outdoor roof deck.