Oppenheimer Holdings Expands New York City Headquarters Operations

Area Development News Desk

11/11/2026

Investment banking and wealth management firm Oppenheimer Holdings Inc. plans to expand its operations in New York City.

The approximately $66 million project will include the relocation from the company’s existing headquarters and the renovation and buildout of approximately 220,000 square feet of office space at 32 Old Slip in the Financial District.

“Keeping our global headquarters in Lower Manhattan was a natural choice for us,” said Oppenheimer Holdings President and CEO Robert Lowenthal. “Our business traces its roots to 2 Wall Street in 1881, just blocks from our new home at 32 Old Slip. What keeps us here today is the ability to draw on New York’s deep pool of talent and its culture of innovation across financial markets.” To support the project, Empire State Development (ESD) awarded the company a $3.2 million capital grant.

Oppenheimer Holdings Inc. specializes in investment banking, capital markets and wealth management services for individual, corporate and institutional clients.

“Oppenheimer's next chapter in New York City underscores the strength and resilience of our financial services industry,” noted ESD President, CEO and Commissioner Hope Knight. “Under Governor Hochul's leadership, New York is building on that foundation by ensuring established businesses have every reason to invest, expand and succeed here. ESD is proud to support this significant investment, which will bring new energy to Lower Manhattan and strengthen the Financial District's economic future.”

“We’re very pleased that Oppenheimer, one of New York’s longstanding financial institutions, is committing its future to the Financial District with a new lease, a move that will sustain good jobs for New Yorkers,” added New York City Economic Development Corporation President and CEO Anthony Shorris. “Oppenheimer’s decision highlights a continued confidence in Lower Manhattan and cements New York City as the premier place to do business.”

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