30 Hudson Street
A 2009 view of the tower from Liberty State Park
Alternative namesGoldman Sachs Tower
Record height
Tallest in New Jersey from 2004 to 2018[I]
Preceded by101 Hudson Street
Surpassed by99 Hudson Street
General information
Typecommercial offices
Location30 Hudson Street
Jersey City, New Jersey
United States
Coordinates40°42′47″N 74°02′02″W / 40.7130°N 74.0338°W / 40.7130; -74.0338
Construction started2001
Completed2004
ManagementCB Richard Ellis
Height
Roof781 ft (238 m)
Technical details
Floor count42
Floor area1,600,000 sq ft (148,645 m2)
Lifts/elevators36
Design and construction
Architect(s)Pelli Clarke Pelli
Adamson Associates
DeveloperGerald D Hines Interests
Structural engineerThornton Tomasetti
Main contractorTurner Construction
Website
www.30hudson.com/index.html
References
[1][2][3][4]

30 Hudson Street, also known as Goldman Sachs Tower, is a 781 ft (238 m), 42-story building in Jersey City, New Jersey. It is the second tallest building in New Jersey. Completed in 2004, the tower was designed by César Pelli, and was the tallest building in the state for 14 years. It houses offices, a cafeteria, a health unit, and a full-service fitness facility including a physical therapy clinic.

The building is in the Exchange Place area close to a PATH station and is accessible by the Hudson-Bergen Light Rail at the Essex Street and Exchange Place stops.

The tower sits on the waterfront overlooking the Hudson River and Lower Manhattan and is visible from all five of the New York City boroughs. On a clear day, the building may be visible from Highlands, New Jersey to the south and from Bear Mountain, New York to the north, 40 miles (64 km) away.

Originally intended to be a dedicated use building for Goldman Sachs' middle and back office units, lower than projected staffing levels at the bank following the global financial crisis forced Goldman to seek occupancy from other tenants to avoid forgone rental income. Royal Bank of Canada currently shares the space, with plans for other professional service firms to take occupancy as well in the near future. Since 2020, the building also houses the headquarters of Organon International.,[5] AIG & Lord Abbett.[6]

History

Originally the tower was meant to be the centerpiece of an entire Goldman Sachs campus at Exchange Place, which was to include a training center, a university, and a large hotel complex. Many of the company's Manhattan-based equity traders refused to move away from Wall Street, delaying the occupation of the building's top 13 floors, which remained vacant until early 2008.

Once a derelict and mostly industrial part of Jersey City, the Exchange Place area forms part of New Jersey's Gold Coast, a revitalized strip of land along the formerly industrial west bank of the Hudson. Economic development in the 2000s spurred large-scale residential, commercial, and office development along the waterfront.

Although the location was largely rejected by the company's financial executives, 4,000 Goldman Sachs employees made the move to the building, including much of the company's real estate, technology, operations, and administrative departments. The building is certified under LEED-NC Version 2.0 of the U.S. Green Building Council. The building has been surrounded by pedestrian protective scaffolding since 2010.[7]

The company completed construction of another tower in 2010 to house the bulk of their sales and trading departments. It is located at 200 West Street in Lower Manhattan just north of Brookfield Place (originally the World Financial Center), almost directly across the water from 30 Hudson.[8] Under their "Venice strategy",[9] Goldman Sachs launched a ferry service between the two buildings in 2013, operated by the Billybey Ferry Company.[10][11]

In media

The building was used by the Bernie Sanders 2016 presidential campaign to symbolize Goldman Sachs and Hillary Clinton's ties to the company.[12]

The building can briefly be seen in The Avengers when Iron Man prevents New York City from being struck by a missile, and in Spider-Man: Homecoming, when Tony Stark is about to revoke Peter Parker's Spider Man suit.

The building, along with its surrounding skyscrapers, is the background image for the recorded audio for Markus Schulz's Global DJ Broadcast World Tour recorded in Barcode in nearby Elizabeth.

See also

References

Notes

  1. ↑ "30 Hudson Street". CTBUH Skyscraper Center.
  2. ↑ "Emporis building ID 101573". Emporis. Archived from the original on April 10, 2016.
  3. ↑ "30 Hudson Street". SkyscraperPage.
  4. ↑ 30 Hudson Street at Structurae
  5. ↑ Moss, Linda (July 9, 2020). "Merck Spinoff Agrees to Locate Headquarters in Jersey City, New Jersey". CoStar News.
  6. ↑ "Lord Abbett takes 178,000 sq. ft. at Goldman Sachs tower in Jersey City". Real Estate NJ. April 12, 2022.
  7. ↑ "Waterfront walkway around Goldman Sachs in Jersey City reopening". NJ.com. June 19, 2010. Retrieved May 7, 2016.
  8. ↑ Craig, Susanne (April 16, 2010). "Goldman Sachs's New Palace Creates Princes, Serfs". Wall Street Journal. ISSN 0099-9660. Archived from the original on January 10, 2015. Retrieved April 17, 2010.
  9. ↑ Goldberger, Paul (August 2, 2004). "Shanghai on the Hudson". The New Yorker. Retrieved July 27, 2012.
  10. ↑ Martin, Adam (February 20, 2013). "Goldman Sachs Is Being Oddly Coy About Its New Public Ferries". Intelligencer. Retrieved August 8, 2022.
  11. ↑ McGeehan, Patrick (February 20, 2013). "On Hudson, Bank's Ferries Are Finally in Service". The New York Times. ISSN 0362-4331. Retrieved August 8, 2022.
  12. ↑ "Bernie Sanders Ad Attacks Goldman Sachs, Wall Street Contributions". RealClearPolitics. January 29, 2016.
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