Boston Props. finds anchor tenant on W. 55th

New York /
Mar.March 09, 2011 10:15 AM

Law firm Morrison Foerster has signed a letter of intent to become the anchor tenant at Boston Properties’ new 250 West 55th Street tower, the Post reported. The firm is said to be taking upwards of 200,000 of the 843,564 square feet at the building, in a move that one source said finally renders it “a viable project.” Construction on the 40-story, Skidmore Owings & Merrill-designed property stalled in 2009 when the economy sank, causing it to lose prospective tenants like Proskauer Rose, which had been in negotiations to lease 400,000 square feet there before opting instead for 11 Times Square. Ultimately, 250 West 55th Street is slated to encompass 25,000 square feet of restaurants and retail, 22,000-foot floor plates and a garden on the third-floor setback. Law firm Chadbourne & Park, which will be ousted from its 30 Rockefeller Center home when Deloitte moves in, is also now said to be in talks for space at the building. [Post]


Related Articles

arrow_forward_ios
Clockwise from top left: Boston Properties' Owen Thomas; Empire Real Estate Trust's Tony Malkin; Equity Commonwealth's David Helfand; Columbia Property Trust's Nelson Mills; SL Green's Marc Holliday; Vornado Realty Trust's Steve Roth; and Brookfield's Brian Kingston (Getty)
Office unease: Tenants are paying up but staying away
Office unease: Tenants are paying up but staying away
Mort Zuckerman and Harry Macklowe with 510 Madison Avenue (Getty, Google Maps)
Harry Macklowe sues Boston Properties for $30M
Harry Macklowe sues Boston Properties for $30M
Boston Properties CEO Owen Thomas (Photo by Axel Dupeux)
Boston Properties’ Q3 income drops 17%
Boston Properties’ Q3 income drops 17%
Boston Properties president Doug Linde and an Ann Taylor store (Getty)
Major retailers are squatting on prime real estate
Major retailers are squatting on prime real estate
Harry Macklowe and the GM Building at 767 Fifth Avenue (Getty, Michele Ursino via Flickr)
Harry Macklowe is behind on rent for HQ at GM Building: report
Harry Macklowe is behind on rent for HQ at GM Building: report
The Moinian Group's Joseph Moinian, 3 Hudson Boulevard and Boston Properties' Owen Thomas (Credit: The Moinian Group, FX Collaboratiive and Boston Properties)
Hudson Yards district’s newest office tower to cost $2.6B
Hudson Yards district’s newest office tower to cost $2.6B
Owen Thomas (Photo by Axel Dupeux)
The Closing: Owen Thomas
The Closing: Owen Thomas
WeWork's co-CEO Sebastian Gunningham speaks at the launch of Dock 72
What, We Worry? Execs remain confident in WeWork-anchored Brooklyn project
What, We Worry? Execs remain confident in WeWork-anchored Brooklyn project
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...