{"id":1004515111,"date":"2021-03-09T03:19:18","date_gmt":"2021-03-09T11:19:18","guid":{"rendered":"http:\/\/internal.cpexecutive.com\/?p=1004515111"},"modified":"2021-05-15T10:13:06","modified_gmt":"2021-05-15T18:13:06","slug":"law-firm-relocates-in-midtown-manhattan","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/law-firm-relocates-in-midtown-manhattan\/","title":{"rendered":"Law Firm Relocates in Midtown Manhattan"},"content":{"rendered":"<div id=\"attachment_1004515129\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/05\/1155-Avenue-of-the-Americas-1.png\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" aria-describedby=\"caption-attachment-1004515129\" loading=\"lazy\" class=\"wp-image-1004515129 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/05\/1155-Avenue-of-the-Americas.png\" alt=\"1155 Avenue of the Americas\" width=\"300\" height=\"233\"><\/a><p id=\"caption-attachment-1004515129\" class=\"wp-caption-text\">1155 Avenue of the Americas. <em>Image via Google Street View<\/em><\/p><\/div>\n<p>The Durst Organization has added another law firm to the tenant roster at 1155 Avenue of the Americas, its 790,000-square-foot <a href=\"https:\/\/www.commercialsearch.com\/news\/new-york-city-market-update-sales-actually-increase-yoy\/\">office tower in Midtown Manhattan<\/a>. The real estate company signed Jenner &amp; Block LLP to a 15-year-lease lease of approximately 67,000 square feet at the 41-story high-rise.<\/p>\n<hr>\n<p><strong>READ ALSO<\/strong>: <a href=\"https:\/\/www.commercialsearch.com\/news\/law-firms-take-short-term-view-of-leasing\/\">Law Firms Take Short-Term View of Leasing<\/a><\/p>\n<hr>\n<p>Also known by the address of 1155 Sixth Ave., 1155 Avenue of the Americas made its debut in 1984, but the Emery Roth &amp; Sons-designed building recently got a massive makeover, courtesy of a $130 million capital improvement program. The upgrades to the property, which also features roughly 2,300 square feet of ground-level retail space, run the gamut from enhanced floor-to-ceiling glass to new elevator cabs and destination dispatch controls to a new lobby. Earlier on, in 2016, the LEED v4 Silver-certified building made a splash in the world of sustainability when it became the first project in New York City to earn LEED v4 certification.<\/p>\n<p>Jenner &amp; Block will relocate from its current home at 919 Third Ave. to space on floors 29 through 32 at 1155 Avenue of the Americas. The firm relied on CBRE&#8217;s Lewis Miller, Jason Gorman and Zachary Weil for representation in the lease transaction, while Durst relied on the in-house representation of Tom Bow, Rocco Romeo, Tanya Grimaldo.<\/p>\n<h2><strong>Legal haven<\/strong><\/h2>\n<p>Jenner &amp; Block&#8217;s new lease at 1155 Avenue of the Americas marks the fourth law firm to commit to the office tower within the last three years. Most recently, the <em>New York Post<\/em> reported in October 2020 that Freeborn &amp; Peters had signed on for just over 16,500 square feet in the building. In 2018, Perkins Coie <a href=\"https:\/\/www.commercialsearch.com\/news\/durst-inks-2-new-leases-at-manhattan-office-tower\/\">inked a 15-year lease<\/a> for approximately 58,000 square feet.<\/p>\n<p>Jenner &amp; Block&#8217;s long-term lease transaction contradicts a trend among New York law firms seen since the beginning of the COVID-19 health crisis in the U.S. in 2020. &#8220;In New York City, the five largest law firm transactions signed after the start of the pandemic were for terms of five years or less,&#8221; according to a 2021 report by Newmark.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Jenner &amp; Block LLP has signed a 15-year lease at the recently renovated 1155 Avenue of the Americas skyscraper, in contrast to New York City\u2019s trend toward short-term agreements.<\/p>\n","protected":false},"author":969,"featured_media":1004529075,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21784,21743,21808,1600,21742,10,21747],"tags":[32789,50999,33492],"class_list":["post-1004515111","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brokerage","category-deals","category-featured","category-new-york","category-latest","category-northeast","category-office","tag-cbre","tag-newmark","tag-the-durst-organization"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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