Law firm Mintz, Levin, Cohn, Ferris, Glovsky and Popeo have signed a lease with SL Green Realty Corp. for a new headquarters location in New York City. The firm will occupy floors 37-39 as well as a portion of the concourse level at 919 Third Avenue, a 1.5 million-square-foot 47-story office tower. The lease totals 101,394 square feet.
Moshe Sukenik, Eric Zemachson and Jason Perla of Newmark & Company Real Estate represented Mintz in the transaction. According to Steven Durels, Executive Vice President and Director of Leasing and Real Property at SL Green, the transaction is a sign of growing leasing momentum in New York City.
Companies and workers returning to the office has helped to support increased office leasing in NYC. An office survey conducted by the Partnership for New York City found that 62% of office workers expect to be back in the office by Labor Day. In March, only 45% of workers that had the same expectation. This shows the rapid pace of the recovery, due largely to vaccinations.
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