The Real Deal New York

Kushner inks another big lease at 666 Fifth

April 21, 2010 09:00AM

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From left: Charles Kushner, chairman of Kushner Companies; company principal and son Jared Kushner and 666 Fifth Avenue

It’s been a good week for the Kushner Companies at 666 Fifth Avenue, the 41-story office tower between 52nd and 53rd streets. Japanese retailer Uniqlo recently signed on to pay a record $300 million over 15 years for the building’s 100,000-square-foot retail condo that formerly housed Brooks Brothers. Today, the Post reports that energy-focused law firm Vinson & Elkins has renewed its lease and taken an additional 6,972 square feet, bringing its total to roughly 81,000 square feet at the property. The firm’s original lease was set to expire in November. Last year, law firm Orrick Herrington left 666 Fifth Avenue, putting Kushner in a bit of a crunch as it negotiated with its special servicer, something the company contends was their choice and was not due to a default.
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