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Orrick Has Good Day at Black Rock

NEW YORK CITY-The law firm is moving into more than 210,000 square feet at 51 W. 52nd St. in a long-term sublease.

By Paul Bubny | Updated on July 27, 2009

NEW YORK CITY-Law firm Orrick, Herrington & Sutcliffe LLP says it has signed a lease to move to 51 W. 52nd St., the 36-story CBS building often nicknamed “Black Rock.” Orrick’s long-term lease of more than 210,000 square feet begins this fall and the firm plans on occupying the new space in the spring of 2010.

The law firm’s new space will comprise nine floors, with an option for additional floors in the future, according to a release. Published reports say the sublease entails substantial concessions by landlord CBS, including the absorption of Orrick’s build-out costs and reduction of its rent. A spokesman for Jones Lang LaSalle, which represents CBS, did not respond to requests for comment by deadline.

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