Greenberg Traurig finalizes big office lease at One Vanderbilt

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

TRD 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

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 snags private-equity firm at
One Vanderbilt

SL Green’s locks in big bank lease at
Hudson Yards redevelopment site

An example of roll-off waste management (Credit: YouTube, iStock)

Big building owners prevent city from dumping container-pickup in trash-collection reform

“I can talk about erections all day”: NAR tech consultant’s bizarre fireside chat

The Daily News Building at 220 East 42nd Street and SL Green CEO Marc Holliday (Credit: Getty Images)

Jacob Chetrit buying Daily News building from SL Green for $815M

Council member Vanessa Gibson (Credit: New York City Council)

Commercial landlords face new fines as City Council passes anti-harassment bill

As House begins impeachment inquiry, here’s what we know about Trump’s Ukraine-real estate ties