The retailer will join O'Melveny & Myers, Heller Ehrman White & McAuliff, Manatt Phelps & Phillips, Clarendon National Insurance, Pitney Hardin Kipp & Szuch, Condon & Forsyth, and a number of smaller firms in Boston Properties second area project. Its 1.1-million-sf 5 Times Square is the home of Ernst & Young.
Ann Taylor was represented by David Goldstein, executive managing director, Mitchell Steir, chairman and CEO, and Matthew Barlow, executive vice president of Studley. Boston Properties was represented by John Powers, president, tri-state region, Peter Turchin, and Timothy Gibson of CB Richard Ellis.
"Their choice of this building further solidifies Times Square as the business location of choice for firms wanting to be at the forefront of their industry," says Robert Selsam, SVP and manager of the New York region of Boston Properties.
Back in late May, the women's specialty retailer leaked the choice to its employees in a company memo. The month before GlobeSt.com exclusively reported that the company was shopping around, with the help of Studley, for at least 200,000 sf of space and had narrowed the choices down to Boston Properties' Times Square Tower and 340 Madison Ave. Space at Time Square Tower is advertised at a range of $52 to $72 per sf.
Ann Taylor is currently housed at Metropolitan Tower, 142 West 57th St. In a consolidation effort, the company is moving its data center and back office operations to Milford, CT.
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