Business Services Industry
Publishing company moves to Hoboken
Real Estate Weekly, Oct 16, 2002
New Jersey Governor James E. McGreevey, Hoboken Mayor David Roberts and Steven J. Pozycki, chairman of SJP Properties, welcomed global publishing giant John Wiley & Sons, Inc., to Waterfront Corporate Center, a 1.1 million-SF, Class A office center located in Hoboken, N.J., at a ribbon-cutting ceremony. Arthur E. Imperatore, Jr., president and CEO of NY Waterway, was also in attendance to welcome Wiley.
"We are proud that New Jersey and particularly Hoboken has become the home to one of our nation's oldest and most prestigious companies, John Wiley & Sons," said New Jersey Governor James E. McGreevey. "This day was made possible through a well-planned redevelopment initiative undertaken by the City of Hoboken, the Port Authority and SW Properties. Everyone involved in this project has certainly made their mark on Hoboken and will make this New Jersey community an even more dynamic place to live, work and play."
John Wiley & Sons, Inc., a company that has made its home in New York region since 1807, has relocated its global headquarters, and more than 900 employees, to a 400,000-SF space in SW Properties' Waterfront Corporate Center.
"We are very pleased with our new global headquarters," said William Pesce, president and CEO of John Wiley & Sons, Inc. "Our new offices support Wiley's collaborative culture and provide cost-effective space with room for expansion. We are proud to be part of Hoboken's culturally diverse community."
Waterfront Corporate Center is the centerpiece of the South Waterfront redevelopment in Hoboken, a master-planned development created through a public-private partnership between the City of Hoboken, the Port Authority of New York & New Jersey, and private developer SJP Properties. In total, the South Waterfront Redevelopment will add 2.3 million-SF of commercial, retail and residential space on three city blocks.
Following Wiley, other firms that have entered lease agreements to occupy three of the remaining four floors of the 550,000-SF building include Sumitomo Trust & Banking Co. USA, LibertyView Capital Management Inc., and Mizuho Securities. Each occupies an entire floor,. or 37,000 SF. The first floor of each building, 50,000 SF in total, will be dedicated to retail businesses.
"We are proud to work with this outstanding global publishing company to accommodate its office space needs," said SJP's Pozycki. "We were able to satisfy the key objectives in Wiley's search: remaining in close proximity to New York City to maximize employee retention during the relocation, and providing its employees with a Class A, state-of-the-art environment. Hoboken offers an exceptional community with unparalleled mass transit access and around-the-clock amenities."
The second of two Waterfront Corporate Center buildings is still under construction. Marsh & McLennan will move 1,200 employees to Hoboken in fall 2003, when the second, identical 14-story 550,000-SF office building is completed. The Waterfront Corporate Center runs parallel to the Hudson River, and will consist of approximately 1.1 million SF of Class A office space, 50,000 SF of ground floor retail and a variety of amenities. The site plan for the development will have more than 400 contiguous feet of river frontage, offering unobstructed, 180-degree views of Manhattan.
Featuring a facade of brick, granite and limestone, the buildings were designed to provide a balance between Hoboken's rich historic character and contemporary architectural design. The Waterfront Corporate Center will also be equipped with state-of-the-art mechanical, security and telecommunications systems, including multiple high-speed, high-capacity fiber optic SONET facilities.
- 5 Rules for Immediate Annuities
- Death in the Family: 12 Things to Do Now
- Dumbest Things You Do With Your Money
- 6 Online Networking Mistakes to Avoid
- 401(k) Mistakes to Avoid
- 5 Economic Scenarios to Keep You Up at Night
- The Real ‘Best Places to Retire’
- Best Credit Cards for You
- 12 Tough Questions to Ask Your Parents
- The Real ‘Best Colleges’
- Home Buyer Tax Credit: How to Cash In
- Why You Shouldn't Bash Cash
- 8 Phony 'Bargains' and Better Alternatives
- Danger: 3 Debit Card Scams to Avoid
- 6 Myths About Gas Mileage
- 29 Fees We Hate Most
- Quick and Easy Ways to Boost Returns
- Best Stocks to Buy Now
- Lower Your Taxes: 10 Moves to Make Now
- New Jobs: 8 Lessons from Real-Life Career Switchers
- The New Job Market: Who Wins and Who Loses?
- Health Care Reform's Public Option: Everything You Need to Know
- Volunteer Work When Unemployed: Should You Work for Free?
- Whose Recovery Is This?
- Long-Term-Care Insurance: 4 Biggest Risks to Avoid
Content provided in partnership with
Most Recent Business Articles
- Freudenberg IT Invests $38 Million for Growth
- Research and Markets: Israel Ophthalmic Devices Investment Opportunities, Analysis and Future Forecasts Through to 2015
- Research and Markets: Emerging APAC (China) Networking Opportunity 2009 - Addressing a Growing Demand in a Downturn Economy
- Research and Markets: Indian Small & Medium Businesses SaaS Channel Partners 2009 - A Growing Opportunity in a Challenging Business Environment
- Research and Markets: Nippon Oil Corporation LNG Export and Import Markets, 2000 to 2015 Report - Profile and Analysis and Forecasts of Terminal Wise Capacity and Associated Contracts
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- Using object-oriented analysis and design over traditional structured analysis and design
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Design a commission plan that drives sales - Sales Commissions


