NASDAQ TO MOVE GLOBAL HEADQUARTERS TO 4 TIMES SQUARE

The Company Signs 145,000 Square Foot Lease with The Durst Organization at 4 Times Square

A new 10th floor, outdoor terrace will be created above the world-famous Nasdaq Tower overlooking Times Square

NEW YORK, Feb 8 (Bernama-GLOBE NEWSWIRE) -- Nasdaq, Inc. (NASDAQ:NDAQ) today announced it is relocating its global headquarters from downtown Manhattan to its current Nasdaq MarketSite location at The Durst Organization’s 4 Times Square. Highlights of the new agreement include the following:

• The deal with The Durst Organization more than quintuples Nasdaq’s existing footprint at the property. 
• The 10th floor will be home to a state-of-the-art event space as an extension of the Nasdaq MarketSite and feature a 2,100 square foot outdoor terrace overlooking Times Square, above the world-famous Nasdaq Tower, for Nasdaq clients and prospects with the capacity to host more than 400 people for corporate events.
• The 15-year lease for 145,000 square feet, includes an extension of the current 24,000 square foot MarketSite lease.  

“Since our beginning, Nasdaq has played a major role in the growth of corporate America by providing a seamless platform to raise capital through the public markets. Throughout the decades, we have expanded our business and brand globally and our technology now powers more than 90 marketplaces around the world,” said Adena Friedman, President and Chief Executive Officer, Nasdaq. “Bringing together our New York employees at our new headquarters allows us to continue to focus on the client experience and further collaborate as a team on new and innovative solutions that meet our clients’ most critical needs.  This increased presence in the iconic Times Square, New York, will further drive our brand forward, and will offer an unparalleled experience for our clients for years to come.”

“As one of the building’s original tenants when it opened in 1999, we are pleased Nasdaq has chosen to consolidate their corporate headquarters, and bring their leadership team, to 4 Times Square,” said Jonathan (Jody) Durst, President of The Durst Organization. “Nasdaq is one of the world’s most innovative and dynamic exchanges and a recognized global leader in financial technology, and we are excited they have decided to continue to partner with us and grow their business for the 21st Century at 4 Times Square.” 

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