The firm's 1,000 employees are now occupying 11 floors in the landmark building at 787 Seventh Ave. Former occupant Ernst & Young LP vacated the space at Seventh Avenue and 51st Street in May to move into its own new quarters at 5 Times Square.
Sidley also is leasing around 3,000 square feet of conference space in Two World Financial Center. "It makes sense to maintain meeting space in lower Manhattan, given the amount of business we still conduct there, but it also has some genuine symbolic importance given our roots there," notes Tom Smith, vice chairman of Sidley's management committee.
Meanwhile, the lease on Sidley Austin's temporary space at 875 Third Ave. expired June 30. Insignia/ESG represented both Sidley Austin and building owner Equitable Life Assurance Society USA in negotiating the new 20-year lease.
Recommended For You
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.