Oppenheimer builds a $66 million headquarters in Manhattan

Oppenheimer Holdings Inc., a financial services firm, will build a new $66 million headquarters in Lower Manhattan and keep 1,001 jobs in the city, according to an announcement from New York Governor Kathy Hochul. The company will move from its current headquarters at 85 Broad Street to 220,000 square feet of office space at 32 Old Slip in the Financial District.

The project includes extensive renovations to the new office space. Robert Lowenthal, the head of Oppenheimer Holdings, said the firm traces its roots to 2 Wall Street in 1881.