Skadden Arps eyes new Midtown spaces

Manhattan West, 3 Hudson Boulevard believed to be law firm's top contenders

TRD New York /
Apr.April 24, 2014 08:00 AM

Law firm Skadden Arps is on the hunt for a Midtown space, despite attempts to draw the company downtown.

Jones Lang LaSalle’s Peter Riguardi and Ken Siegal are leading the search, which is rumored to be focusing on the Hudson Yards area. Two properties, 3 Hudson Boulevard and Manhattan West, are said to be the firm’s top choices, according to the New York Post. In either locale, Skadden would settle in as the anchor tenant with between 550,000 and 600,000 square feet. A 50,000-square-foot chunk of that would serve as back-offices, and those operations could ultimately shift to a less expensive space nearby. One contender for The Alternative Is 450 West 33rd Street, which will soon be outfitted with new floor-too-ceiling windows, according to the Post.

Cushman & Wakefield is offering up the space at 450 West 33rd, while Joseph Moinian proposed the Hudson Boulevard tower locale, being leased through Avison Young.

None of the brokers or landlords involved in the possible deals offered comment to the Post. [NYP, 2nd item]Julie Strickland

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