Fried Frank contemplating move to Manhattan West

The top law firm currently has 400K sf at Brookfield's 1 New York Plaza

New York /
Mar.March 05, 2015 05:19 PM

Fried Frank, the international law firm with one of New York City’s most prominent real estate practices, is considering a move to Manhattan West, the new Hudson Yards development being spearheaded by its current landlord, Brookfield Property Partners. 

If the firm does relocate to Manhattan West, it would be the second law firm to commit to the project, Crain’s reported. Late last year, Skadden, Arps, Slate, Meagher & Flom signed a nonbinding agreement to take a large space at Manhattan West.

Fried Frank currently has a 400,000-square-foot lease at Brookfield’s 1 New York Plaza in Lower Manhattan, but while that lease runs until 2024,  the firm could possibly terminate its lease early on account of both buildings having a common landlord.

Fried Frank’s real estate division is headed by chairman Jonathan Mechanic. The firm has been involved in some of the city’s biggest deals, including the $5.4 billion sale of Peter Cooper Village and Stuyvesant Town in 2006. [Crain’s] — Tess Hofmann

 

Related Articles

arrow_forward_ios
Brian Kingston with MetroTech (Brookfield, iStock)
Brookfield scores $150M refi at One MetroTech Center
Brookfield scores $150M refi at One MetroTech Center
(Loopnet, iStock, Google Maps)
Bronx nabbed February’s biggest outer-boro property loans
Bronx nabbed February’s biggest outer-boro property loans
Brookfield Properties EVP Callie Haines (Brookfield Properties, iStock)
One Manhattan West to run on renewable energy
One Manhattan West to run on renewable energy
Blackstone buys 49% stake in One Manhattan West at $2.9B valuation
Blackstone buys 49% stake in One Manhattan West at $2.9B valuation
Blackstone buys 49% stake in One Manhattan West at $2.9B valuation
MetroTech in Downtown Brooklyn is being rechristened "Brooklyn Commons." (Google)
Brooklyn’s MetroTech to get $50M makeover, new name
Brooklyn’s MetroTech to get $50M makeover, new name
Brian Kingston, managing partner & CEO, Brookfield's Real Estate Group and Brookfield Property Partners, in front of Two Blue Slip in Greenpoint (Brookfield Property Partners, Two Blue Slip, iStock)
Brookfield scores $330M refi at Greenpoint Landing
Brookfield scores $330M refi at Greenpoint Landing
Brookfield Asset Management CEO Bruce Flatt and Blackstone CEO Stephen Schwarzman with One Manhattan West (Getty, Brookfield)
Blackstone closing in on One Manhattan West stake
Blackstone closing in on One Manhattan West stake
 Brookfield Asset Management CEO Bruce Flatt and 395 Ninth Avenue (Brookfield)
Brookfield eyeing One Manhattan West stake sale
Brookfield eyeing One Manhattan West stake sale
arrow_forward_ios

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

Loading...