Fried Frank Aids Lease Extension As Citigroup Mulls HQ Move

Law360, New York (December 20, 2013, 2:46 PM EST) -- Citigroup Inc. is considering moving its global headquarters to 388-390 Greenwich St. in Manhattan, announcing Thursday that it's extended its triple-net leases there through 2035, with an option to buy during that period.

Citi had been looking for a new space for its headquarters, and had reportedly also checked out 2 World Trade Center and the newly booming Hudson Yards development on the west side of Manhattan.

Instead, the financial institution might choose to stay close to home. A source close to the matter told Law360...
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