Maxcor decides to stay downtown

– Aug 26 – Sep 1, 2002 – Crain’s
© Copyright 2002 Crain’s All Rights Reserved.

Maxcor Financial Inc., which lost 61 employees and its 2 World Trade Center offices on Sept.11, has decided to stay downtown permanently. The company, which owns bond brokerage Euro Brokers Inc., has signed 13-year lease for 60,000 square feet at 199 Water St., which borders the South Street Seaport. Maxcor has been working out of temporary offices on loan from Prudential Securities. The new space also comes from Prudential, and the lease was negotiated without a broker.