Lease Beat

(Credit:  Durst Organization)

Patterson Belknap Signs 200,000 SF Lease at Revamped Durst Building

Law firm Patterson Belknap Webb & Tyler has signed a 20-year lease for 200,000 square feet of at the recently renovated 1133 Sixth Avenue in Times Square, The Commercial Observer has learned.

The firm resigned a lease for floors 18 through 26 that it first inked 20 years ago.  The Durst Organization’s in-house broker Tom Bow represented the landlord, while Ira Schuman of Studley represented the tenant – the same brokers who completed the firm’s lease in the building 20 years ago.

The 1.1 million square foot, 45-story Emery Roth & Sons-designed building was completed by The Durst Organization in 1970 and recently underwent a seven-month lobby renovation, overseen by the architecture firm Gensler. Read More

Lease Beat

685 Third Ave_opt

Epiq Systems to Ink 100,000 SF Deal

Technology firm Epiq Systems is on the brink of signing a lease for roughly 100,000 square feet of office space at 685 Third AvenueThe Commercial Observer has learned.

A source familiar with the deal said it was slated to close towards the end of last week, but the deal had not closed by press time.

“A couple more days,” the source said. Read More

Lease Beat

1301 Avenue of the Americas

Chadbourne Announces 200K s/f Deal

Chadbourne & Parke has signed a 20-year, 200,000-square-foot lease at 1301 Avenue of the Americas, space into which the firm will relocate its Manhattan headquarters from nearby Rockefeller Center, the company announced.

In a statement, the law firm said it would begin the move immediately but that the full transition would take time in order to allow it to outfit parts of the space with a new office installation, which it said will be designed by Gensler, a leading interior design architect. Read More