Rent/Lease Office 40 Exchange Pl

40 Exchange Place, formerly known as the Lord's Court Building, was completed in 1893 by the architect John Townsend Williams. However, there are slight discrepancies in the reported completion year, with some sources indicating 1896 or 1902 for aspects of its construction or expansion.

The building is historically significant as it served as the headquarters for the New York Stock Exchange from 1856 to 1865. It is located at the corner of Exchange Place and William Street in the heart of Lower Manhattan's Financial District.

Originally built as a speculative office tower, the structure was one of the earliest in its kind. Over the years, it underwent significant transformations; by 1902, it was expanded to its current 20-story height.

In 2015, a joint venture between Newmark Holdings (now GFP Real Estate) and Northwind Group acquired the building for $114.5 million. This marked the beginning of a major renovation and redevelopment effort, transforming it into a modern hub for innovation with state-of-the-art facilities.

The building's recent renovations included updates to the lobby, elevators, restrooms, and mechanical systems in 2017, further enhancing its appeal as a contemporary workspace.

Building Amenities at 40 Exchange Place, Manhattan, NYC

40 Exchange Place is a historic 20-story office building renovated to provide a modern, state-of-the-art workplace environment in the heart of Lower Manhattan’s Financial District.

• Newly renovated lobby, elevators, common corridors, and restrooms with a contemporary design
• 24/7 tenant-controlled air cooled central air conditioning units within each tenant space
• Steam heating provided by perimeter cast iron radiators throughout the building during heating season
• Operable double-hung aluminum framed windows for natural ventilation
• Six newly renovated passenger elevators plus one freight elevator to service all floors
• 24/7 attended lobby with advanced building access and security monitoring including turnstile systems and key card access
• Fully addressable, centrally monitored Class E fire alarm system with building-wide sprinkler protection
• Steel framing structure with masonry, limestone and brick façade featuring terracotta flat arch floors
• Typical floor size approximately 15,000 rentable square feet with 13-foot slab-to-slab ceiling heights
• Electrical capacity compliant with New York Energy Code, capable of providing up to 6 watts per rentable square foot exclusive of HVAC
• Cleaning services provided by landlord Monday through Friday for common areas
• Available storage space on-site
• Location benefits from extensive transportation connections including Broad Street (J, Z), Wall Street (2, 3, 4, 5), Rector Street (1, N, R, W), PATH at World Trade Center, and ferry terminals
• Building qualifies for Lower Manhattan municipal incentives

40 Exchange Place, Manhattan, NYC

Location and Cross Streets

40 Exchange Place is located in the heart of Manhattan’s Financial District, New York City. It is situated near the intersection of Exchange Place and Hanover Street, just steps away from Wall Street and adjacent to the Stone Street Historic District and Hanover Square Park.

Transportation

40 Exchange Place offers world-class public transportation access, making it a rider's paradise with numerous subway lines and bus routes within a short walking distance.

Subway Lines Nearby

• J Nassau St Local – approximately 0.1 miles away (Broad St station)
• Z Nassau St Express – approximately 0.1 miles away (Broad St station)
• 3 and 7 Avenue Express – approximately 0.1 miles away
• 2 and 7 Avenue Express – approximately 0.1 miles away
• 4 and 5 Lexington Avenue Express – approximately 0.2 miles away
• R Broadway Local – approximately 0.2 miles away
• 1 Broadway - 7 Avenue Local – approximately 0.2 miles away
• N Broadway Local – approximately 0.2 miles away
• W Broadway Local – approximately 0.2 miles away

Bus Lines Nearby

• M15 East Harlem - South Ferry
• QM7 Fresh Meadows - Downtown
• QM8 Glen Oaks - Downtown
• QM11 Forest Hills - Downtown
• QM25 Glendale - Downtown
• M15-SBS East Harlem - South Ferry
• 120
• SIM1C Eltingville - Manhattan Express
• SIM3C Pt. Richmond - Manhattan Express
• SIM1 Eltingville - Lower Manhattan Express

Additional Transit Details

40 Exchange Place is within walking distance of major transportation hubs and PATH stations, with easy connections to NJ Transit and other regional transit options. The location facilitates seamless commuting throughout Lower Manhattan and the greater New York metropolitan area.

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