Clifford Chance has signed a lease for 144,000 square feet at Brookfield Properties’ Two Manhattan West in New York City. The international law firm will occupy floors 39 through 42 at the 58-story, 1.9 million-square-foot office skyscraper that topped out in January.
Clifford Chance plans to relocate its NYC office from 31 W. 52nd St. to Two Manhattan West in 2024. The new space will house approximately 500 employees. CBRE represented the tenant, while Cushman & Wakefield negotiated on behalf of the landlord.
Currently underway, Two Manhattan West is slated to deliver in early 2023. Brookfield broke ground on the project in 2019, financing the construction with a $140 million loan from Manufacturers and Traders Trust Co., according to CommercialEdge data.
Two Manhattan West is the last phase in the decades-long development of the 8-acre, master-planned Manhattan West neighborhood. The 7 million-square-foot, mixed-use development comprises four office towers, a hotel, a residential building, 225,000 square feet of retail and a 2.5-acre public plaza.
An office gem in an burgeoning neighborhood
Designed by Skidmore, Owings & Merrill to achieve LEED Gold certification, the building has energy-efficient features, being optimized in terms of electrical service performance and use of natural light. Amenities at the office skyscraper will include a 3,200-square-foot landscaped terrace, bike storage with lockers and showers and a fitness and wellness center. Other future tenants at the property include Cravath, Swaine & Moore and Nomura, among others.
Located at 389 Ninth Ave., the skyscraper is within walking distance of transportation hubs such as Penn Station and Moynihan Train Hall. Madison Square Garden is less than half a mile east of the property, while Times Square is less than a mile northeast. A great number or retail, dining and entertainment options are available within a 1-mile radius.
The CBRE team that represented Clifford Chance comprised Stuart Eisenkraft, Chris Hogan, Lewis Miller, Ramneek Rikhy and Andrew Sussman. Cushman & Wakefield’s Howard Cross, Nicholas Dysenchuk, Josh Kuriloff, Matthias Li, Robert Lowe, Bruce Mosler, John Santora and Ethan Silverstein assisted Brookfield Properties.