search

The Real Deal Logo

Trending

Lawmakers reach sweeping housing deal with “good cause eviction,” new 421aLawmakers reach sweeping housing deal with “good cause eviction,” new 421aMacerich faces “imminent” default on $300M Santa Monica Place loanMacerich faces “imminent” default on $300M Santa Monica Place loanHGTV’s “Mr. Flip It” gets four years in jail for $10M fraudHGTV’s “Mr. Flip It” gets four years in jail for $10M fraudParkmerced's $1.8B debt heads to special servicingParkmerced's $1.8B debt heads to special servicing
New York

Law firm renews 200,000 sf lease at 1133 Sixth Avenue

Ira Schuman and 1133 Sixth Avenue
Ira Schuman and 1133 Sixth Avenue

Law firm Patterson Belknap has renewed its lease for 200,000 square feet at 1133 Sixth Avenue for 20 years, Crain’s reported. The firm’s current lease, the building’s largest, had been slated to expire in December 2014.

The building’s landlord the Durst Organization would have been left with vacancies for two major blocks of space at the property if Patterson had opted to move from floors 18 through 26. Another large tenant, the Internal Revenue Service, will leave its eight-floor space next year.

Sign Up for the undefined Newsletter

Studley executive vice president Ira Schuman brokered the deal. Crain’s did not report the price.

Durst is now focused on finding a tenant for the IRS space, Crain’s said. It has renovated the building’s lobby and spruced up its common areas in an effort to attract prospective takers for the space. [Crain’s] –Katherine Clarke