MetLife Building, 200 Park Ave.
NEW YORK CITY—Hunton Andrews Kurth has signed a lease extension through 2036 for its New York City headquarters in the MetLife Building. The well-known office tower with escalators connected to Grand Central Terminal has the address of 200 Park Ave. Tishman Speyer owns and operates the property.
Hunton's lease is approximately 175,000 square feet and spans three floors. The firm has been in the building for the last 30 years. It recently signed on to stay in the building, with its renewal term beginning Aug. 1, 2020.
“What makes the deal even better is that we were able to work with our valued client, Tishman Speyer,” says Carl Schwartz, co-chair of the firm's real estate practice. Hunton has more than 85 real estate development and finance lawyers. The group handled over 125 transactions totaling over $11 billion last year.
The firm currently employs more than 1,000 attorneys in 22 offices around the world. “We feel extremely positive about last year's merger between Hunton & Williams and Andrews Kurth Kenyon, and the lease extension is a confirmation of the commitment to the combined firm as well as to growing our New York presence,” said Wally Martinez, managing partner of the firm.
The Hunton team was led by real estate partner Dan Campbell and the firm's chief administrative officer, Jacob Kerkhoff. JLL's Elizabeth Cooper and Ken Siegel also represented the tenant.
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.
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.
