Broadway Technology Leases 25,000 Square Feet at 28 Liberty

Savills Studley, the leading commercial real
estate firm specializing in tenant representation,
announced that it has completed a new lease for
Broadway Technology at 28 Liberty Street in Lower
Manhattan.
Broadway Technology provides award-winning, high-
performance trading solutions and infrastructure to top
financial firms around the world. Founded in 2003 by
experts in enterprise software and quantitative trading,
the company has employees worldwide with offices in
New York, Austin, London and Waterloo. Having recently
closed a $42 million minority investment led by Long
Ridge Equity Partners, Broadway Technology was
seeking additional space to accommodate immediate and
future growth.
The company will occupy 25,000 square feet on the 50th
floor of 28 Liberty in the fall of 2017, relocating from
13,047 square feet at 140 Broadway. 28 Liberty is an
iconic, 2.2-million-square-foot landmarked office
building located in the center of Lower Manhattan.
Fosun, the property owner, has launched a
comprehensive repositioning of the property and its
historic plaza that includes the creation of 200,000
square feet of retail space. Broadway Technology will
enjoy spectacular views, newly renovated amenities
including a new Union Square Hospitality Group
restaurant and event space on the 60th floor of the
building, direct access to six subway lines from the
lobby and a new high-end installation that will be built
by the landlord.
Savills Studley Senior Managing Director Zev Holzman,
Executive Managing Director Paul Revson and Assistant
Director Brian Scharfman represented Broadway
Technology in the long-term lease transaction. Fosun
was represented by Tom Costanzo in house, as well as
John Wheeler and Michael Berman of JLL.
“After an exhaustive search throughout Lower Manhattan
and Midtown South, relocating to 28 Liberty proved to
be the ideal solution for Broadway Technology,” said
Holzman. “It gives the company the opportunity to grow
in a top-tier downtown asset while remaining in
proximity to its client base in the Financial District.
Designing its own space allows the company to create a
unique brand and aesthetic that it can replicate at its
offices around the globe.”
“We are delighted to make 28 Liberty the new home for
our New York team as we begin the next phase of
Broadway’s growth,” said Broadway Technology Chief
Executive Officer Tyler Moeller. “The views from the 50th
floor are incredible and 25,000 square feet is ample room
to build an enjoyable, productive environment for our
team to create the next generation of Broadway
products.”
About Broadway Technology, LLC
Broadway Technology is a leading provider of high-
performance fintech solutions and infrastructure to top
global, regional and national banks; brokers; and the
buy-side. Founded in 2003 by experts in enterprise
software and quantitative trading, Broadway has
employees worldwide with offices in New York, Austin,
London, and Waterloo.
To learn more about Broadway, please
visit: www.broadwaytechnology.com or contact
Broadway at: info@broadwaytechnology.com .
About Savills Studley
Savills Studley is the leading commercial real estate
services firm specializing in tenant representation.
Founded in 1954, the firm pioneered the conflict-free
business model of representing only tenants in their
commercial real estate transactions. Today, supported
by high quality market research and in-depth analysis,
Savills Studley provides strategic real estate solutions to
organizations across all industries. The firm’s
comprehensive platform includes brokerage, project
management, capital markets, consulting and corporate
services. With 30 offices in the U.S. and Canada, and a
heritage of innovation, Savills Studley is well known for
tenacious client advocacy and exceptional service.
The firm is part of London-headquartered Savills plc, the
premier global real estate service provider with over
32,000 professionals and over 700 locations around the
world. Savills plc is listed on the London Stock
Exchange (SVS.L).

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