New office to support expansion of talent following company growth
SS&C Technologies Holdings, Inc. (Nasdaq:SSNC), a global provider of financial services software and software-enabled services, today announced it has signed a 15-year lease for 135,571 square feet on the entire fifth and sixth floors and partial seventh floor at 4 Times Square. The company expects to move to 4 Times Square in mid-2017.
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 including: new entrances, a lobby renovation, new elevators and HVAC system, and a 40,000 square foot tenant amenity with a state-of-the-art conference center space.
"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."
"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."
SS&C was represented 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.
The Durst Organization, founded in 1915 by Joseph Durst, is the owner, manager, and builder of 13 million square feet of premiere Manhattan office towers and 1,950 residential rental units with 3,400 in development. The Durst Organization is recognized as a world leader in the development of high-performance and environmentally advanced commercial and residential buildings.
SS&C continues to expand throughout the United States. "We have opened new offices in Los Angeles and Evansville, Indiana, as well as acquired offices in California, Florida, Massachusetts, Minnesota, New Jersey, New York, and Texas," Stone added. "The USA remains our most important market."
SS&C is a global provider of investment and financial software-enabled services and software for the global financial services industry. Founded in 1986, SS&C is headquartered in Windsor, Connecticut and has offices around the world. Some 10,000 financial services organizations, from the world's largest institutions to local firms, manage and account for their investments using SS&C's products and services.