Search
 

Law Firm Relocates to Park Avenue Tower

NEW YORK CITY-After a two-year search, law firm Olshan Grundman Frome Rosenzweig & Wolosky chooses 65 East 55th St. as its new home. The firm inked a 13-year pact for 37,000 sf with an option for an additional 19,000 sf of space.

By Barbara Jarvie | Updated on November 14, 2003

NEW YORK CITY-In mid-December Olshan Grundman Frome Rosenzweig & Wolosky LLP will move into new digs at Park Avenue Tower, 65 East 55th St. Searching for approximately two years, the firm found the 37,000 sf–with an option for an additional 19,000.

“During our search, the market continued to move down, which enabled us to lease class A space off Park Avenue, affording us additional efficiencies and cost savings,” Heather W. Rutner, the firm’s director of administration, tells GlobeSt.com.

The firm has signed a 13-year lease for two floors at the Plaza District tower, which has an asking price of $72 per sf. The firm previously called 505 Park Ave. home where they occupied approximately 30,000 sf of space.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 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.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.