Perkins Coie and Deutsche Borse Relocate to 1155 Sixth Ave.
The law firm and German shares and securities trading platform sign long-term leases with the Durst Organization.
NEW YORK CITY—The international law firm Perkins Coie signed a 15-year lease for 57,971 square feet to fully occupy the 20th through 22nd floors, and part of the 23rd floor at the Durst Organization’s 1155 Avenue of the Americas.
The Am Law 50 firm, recognized on The American Lawyer 100 list in 2018 (a publication also owned by GlobeSt.com’s parent company ALM Media), is moving from their offices at 30 Rockefeller Plaza. The new location at 1155 Sixth Ave. is between W. 44th and W. 45th streets.
Deutsche Börse is also moving into the Durst Organization’s Midtown tower, with a 10-year lease for 12,095 square feet, renting part of the 19th floor. The German shares and securities exchange is relocating from its downtown address of 60 Broad St. This is the second exchange moving from Lower Manhattan to one of Durst’s Midtown properties. In February, Nasdaq announced it was moving from One Liberty Plaza, expanding its space at 4 Times Square.
Designed by Emery Roth & Sons, 1155 Avenue of the Americas was built in 1984. The building owner invested $110 million to upgrade the property. The renovations have included a new lobby, elevators, windows and the installation of floor-to-ceiling glass. A roof-top pavilion is currently under construction.
CBRE’s Ken Rapp, David Kleinhandler, Michael Wellen and Cara Chaye represented Perkins Coie. JLL’s Simon Landmann represented Deutsche Börse. Durst was represented in-house in both transactions by Tom Bow and Rocco Romeo.