Greenberg Traurig finalizes big office lease at One Vanderbilt

Law firm signs 15-year deal for up to 140K sf

New York /
Jan.January 26, 2018 12:15 PM

Greenberg’s Robert Ivanhoe, SL Green’s Marc Holliday and One Vanderbilt

Greenberg Traurig finalized a lease for four contiguous floors at SL Green Realty’s One Vanderbilt.

The law firm inked a 15-year deal in the under-development Midtown East tower, the New York Post reported.

The exact square footage wasn’t immediately clear, sources told the Post it was in the range of 130,000 to 140,000 square feet.

Greenberg occupies 200,000 square feet nearby at the MetLife building just a short walk away at 200 Park Avenue. The law firm was in talks to split its space between One Vanderbilt and the Graybar Building nearby at 420 Lexington Avenue, as The Real Deal reported when it broke news of the negotiations in December.

Greenberg executive chairman Richard Rosenbaum told the Post that the company’s new Manhattan headquarters will function “in concert with a combination of alternative nearby locations to create an office campus.”

SL Green is one of Greenberg’s frequent clients. The law firm represented the fir in its $2.5 billion purchase of 11 Madison Avenue and the $453 million sale of the leasehold at the Lipstick Building. Robert Ivanhoe, head of Greenberg’s real estate practice, is a personal friend and golf buddy of SL Green CEO Marc Holliday. Robert Alexander, Emily Jones, Sarah Pontius and Ryan Alexander at CBRE represented SL Green in the deal. Barry Gosin and Moshe Sukenik at Newmark Knight Frank represented Greenberg Traurig. [NYP]Rich Bockmann


Related Articles

arrow_forward_ios
The Daily News Building at 220 East 42nd Street and SL Green CEO Marc Holliday (Credit: Getty Images)
SL Green puts Daily News building up for sale
SL Green puts Daily News building up for sale
SL Green snags private-equity firm at One Vanderbilt
SL Green snags private-equity firm at One Vanderbilt
SL Green snags private-equity firm at One Vanderbilt
SL Green’s locks in big bank lease at Hudson Yards redevelopment site
SL Green’s locks in big bank lease at
Hudson Yards redevelopment site
SL Green’s locks in big bank lease at
Hudson Yards redevelopment site
Elle International's Constance Benqué (Getty Images, iStock)
Elle, luxury brands enter hotel market
Elle, luxury brands enter hotel market
“The New Kings of New York” rockets to top of Amazon charts
“The New Kings of New York” rockets to top of Amazon charts
“The New Kings of New York” rockets to top of Amazon charts
Gopuff co-CEO Rafael Ilishayev (Gopuff, iStock)
Gopuff scaling back warehouse footprint amid rapid-delivery slowdown
Gopuff scaling back warehouse footprint amid rapid-delivery slowdown
Incoming WeWork CFO Andre Fernandez (WeWork, iStock)
WeWork names new CFO
WeWork names new CFO
Brian R. Steinwurtzel and 100 Pearl Street (GFP Real Estate, LoopNet, iStock/Photo Illustration by Steven Dilakian for The Real Deal)
Squash club starting a racket at 100 Pearl Street office tower
Squash club starting a racket at 100 Pearl Street office tower
arrow_forward_ios

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

Loading...