NEW YORK CITY—The law firm of White & Case has signed a 440,000 square foot long-term lease for its New York office at 1221 Avenue of the Americas. The firm will relocate to 1221 in 2017 in a move that was expected when McGraw-Hill revealed it was vacating the space. The leased space includes the top floors in the building, as well as below grade space.
The tenant was represented by Ken Siegel, Tom Doughty and Lisa Kiell of Jones Lang LaSalle. The landlord, the Rockefeller Group, was represented by an in-house team led by Ed Guiltinan, along with a Cushman & Wakefield brokerage team led by executive vice chairman John Cefaly.
The lease brings total new leasing activity at 1221 Avenue of the Americas to more than 700,000 square feet over the past 18 months. New leases and renewals have totaled more than 1.5 million square feet over the past 36 months.
“The Rockefeller Group is extremely pleased that White & Case has chosen to relocate to 1221 Avenue of the Americas,” says Guiltinan, SVP and head of leasing in New York for Rockefeller. “White & Case considered many locations throughout Manhattan, and their decision to lease space in 1221 affirms the desirability of Midtown and specifically, the Avenue of the Americas.”
Adds Cefaly, “The building continues to attract strong demand given the rare opportunities for contiguous space it's presented in recent years, along with its prestige, efficiency, location and amenities.”
Designed by Harrison Abramovitz & Harris, the architects of all of Rockefeller Center, 1221 Avenue of the Americas totals approximately 2.5 million square feet. The building features large floor plates and expansive open-air plazas that surround the building on all four sides. It is interconnected through a concourse level to all of Rockefeller Center and seven subway lines.
One of the nation's oldest law firms, White & Case is relocating from the Durst Organization's 1155 A of A. Its lease there expires in 2016.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 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.