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.
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.[citation needed] 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.[citation needed] 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]
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.
Gallery
From below
The tower seen with the Jersey City skyline from lower Manhattan