Eleven Times Square, the brand-new and entirely empty million-square-foot office building that has stood for months as the symbol of boom-time real estate hubris, is a symbol of excess no longer.
After months upon months of labored negotiations—and much semantic parsing by journalists covering them—law firm Proskauer Rose has finally signed a deal for 400,000 square feet at the tower, according to the Post‘s Steve Cuozzo:
Proskauer Rose’s long-awaited move to 11 Times Square is now a signed-and-sealed deal. The law firm’s lease for nearly 400,000 square feet at the brand-new skyscraper at Eighth Avenue and 42nd Street closed this morning after a grueling weekend of t-crossing and I-dotting.
More here.
drubinstein@observer.com
