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Law Firms Opt for Grand Central Area

NEW YORK CITY-In two separate deals, Kreindler & Kreindler and Lathrop & Gage have signed leases in the Grand Central District.

By Paul Bubny | Updated on January 20, 2010

NEW YORK CITY-Law firm Kreindler & Kreindler is relocating within the same neighborhood and the same commercial portfolio, signing a 10-year lease for 11,779 square feet at SL Green Realty Corp’s. 750 Third Ave. The firm is currently domiciled at SL Green’s 100 Park Ave., also located in the Grand Central District.

In a release, Jane Roundell, SVP at tenant-rep firm CreasPartners, says the move will enable Kreindler & Kreindler to stay in the district “while reducing its annual rental expense by 40%.” SL Green is building out the law firm’s new space, and the tenant expects to move into 750 Third in June.

Along with Roundell, the CresaPartners team included principal Marcus Rayner and VP Ken Witler, vice president. David Kaufman, SV at SL Green, negotiated for the ownership.

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