While the New York Stock Exchange contemplates moving from its historic trading floor at Wall and Broad streets, a building just a block and a half away is becoming a high-technology beachhead.

Freshly renovated with fiber-optic cables and copper wires, the building once occupied by Drexel Burnham Lambert, employer of Michael Milken, the king of junk bonds, has been rechristened the New York Information Technology Center. Attracted by tax breaks and proximity to Wall Street, Sun Microsystems, Cornell University, and several firms that supply software to banks and brokerage firms have leased space at the "Silicon Alley" address of 55 Broad St.

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