Lease Beat

York Capital Management Renews, Expands at GM Building

GM Building.

York Capital Management has signed a long-term renewal and expansion at the General Motors Building at 767 Fifth Avenue.

The investment management firm, a 10-year tenant in the building, occupies the entire 17th floor and a portion of the 21st floor and will supplement its existing footprint with a 7,179-square-foot sublease from law firm Weil, Gotshal & Manges on 23rd floor. The firm will now occupy a total of to 53,445 square feet at the trophy tower.  Read More

Lease Beat

Holwell Shuster & Goldberg Takes 35,681 Feet at 125 Broad Street

125 Broad Street

Law firm Holwell Shuster & Goldberg LLP has signed a 35,681-square-foot, three-year lease at 125 Broad Street – in a space that fits the firm like a glove.

The firm took the entire 39th floor of the building, which features sweeping views of the Statue of Liberty and New York Harbor and was subleased from international law firm Sedgwick LLP, which moved out and recently moved into its new space at the World Financial Center, sources tell The Commercial Observer.

“Holwell Shuster & Goldberg is a relatively new law firm that is growing very quickly and expects to continue growing very quickly,” said L. Craig Lemle, a senior managing director at Studley who represented the law firm along with Nick Zarnin. Read More