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White & Case in talks to move into McGraw-Hill Building

Global law firm negotiating deal to take 400,000 square feet at 1221 Sixth Avenue

Ed Guiltinan and 1221 Sixth Avenue
Ed Guiltinan and 1221 Sixth Avenue

Law firm White & Case is expected to sign a lease for 400,000 square feet at the McGraw-Hill Building at 1221 Sixth Avenue by next week.

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The firm’s 300,000-square-foot lease at 1155 Sixth Avenue, a Durst Organization property, expires in two years. By then, White & Case hopes to relocate to the nearby Rockefeller Group property. Average asking rents at 1221 Sixth Avenue are $78 per square foot, the New York Post reported.

Cushman & Wakefield broker John Cefaly represented the tenant, while Rockefeller Group’s Ed Guiltinan represented the landlord. White & Case struggled to fill the roughly 500,000 square feet of vacant space in the wake of Société Générale’s departure, as previously reported. [NYP]Mark Maurer

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