"The recent dramatic increase in the availability of Manhattan sublease space, especially from companies in the financial sector, gave Duval & Stachenfeld an unprecedented opportunity to significantly upgrade to a class A building in an excellent Grand Central location," says Paul Revson, executive managing director at Studley. Revson, who represented Duval & Stachenfeld along with associate director Zev Holzman, adds that the law firm will move over from 300 E. 42nd St. this summer. Technically, Revson and Holzman began representing Duval & Stachenfeld in its search for new Manhattan spaced while the two Studley agents were still at Staubach, according to a release.

Built in 1982, the 1.3-million-square-foot 101 Park is owned by H.J. Kalikow & Co. Its other tenants include Smith Barney, UBS AG and Tiger Management Co.