The Real Deal New York

Skadden Arps said to mull leaving 4 Times Square

Law firm reportedly sent out RFPs to Brookfield, Silverstein

March 04, 2014 09:18AM

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4-times-square

4 Times Square

Corporate law firm Skadden, Arps, Slate, Meagher & Flom is reportedly considering relocating from 4 Times Square after its lease expires in six years. Brookfield Properties and Silverstein Properties are among the developers to receive a request for proposals for roughly 450,000 square feet.

Skadden Arps has occupied the Durst Organization-owned building with Condé Nast since the tower opened in 1999. Condé Nast is moving to 1 World Trade Center in November, as previously reported. Brookfield is slated to soon break ground on Manhattan West, while Silverstein is behind three new World Trade Center sites.

Peter Riguardi of Jones Lang LaSalle serves as the law firm’s broker in lease deals. [NYP]Mark Maurer

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