32 Old Slip 32 Old Slip, Downtown Manhattan

NEW YORK CITY—RXR Realty landed the largest direct new lease in Downtown Manhattan, inking a deal with Cahill Gordon & Reindel for the term of 20 years. The law firm will occupy 201,621 rentable square feet on floors 17-22 at 32 Old Slip. The building is between Front and South streets, overlooking the East River and FDR Drive. The asking rent was $60 per square foot.

Cahill will be moving but staying in the neighborhood, vacating their current office at 80 Pine St. in 2020.

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Betsy Kim

Betsy Kim was the bureau chief, East Coast, and New York City reporter for Real Estate Forum and GlobeSt.com. As a lawyer and journalist, Betsy has worked as the director of editorial and content for LexisNexis Lawyers.com, a TV/multi-media journalist for NBC and CBS affiliated TV stations in the Midwest, and an associate producer at Court TV.