City's Biggest '02 Law Firm Lease Signed at 399 Park Ave.

NEW YORK CITY-Bingham McCutchen LLP has sealed the deal on what is being called the largest Manhattan law firm deal of the year. The 15-year lease will give Boston-based Bingham an additional three and a half floors at 399 Park Ave.

The firm has taken 142,000 sf in the 1.5 million-sf office tower, including part of the 19th floor and the entire 23rd, 24th and 26th floors. Bingham McCutchen already occupies the remainder of the 19th floor as well as the 20th and 21st floors. The new lease brings the law firm’s total space to six full floors in the 39-story building. The expansion space is a consolidation of Bingham’s 885 Third Ave. offices. The firm has more than 125 attorneys in New York.

“There is no question that New York is our number one priority in terms of expansion and future growth of the firm,” says Jay S. Zimmerman, chairman of Bingham McCutchen. “We’ve grown from 25 to more than 125 lawyers in New York in the past several years and we expect that level of growth to continue as we strengthen several of our practice areas.”