260 Madison Avenue
The good times for McLaughlin & Stern, one of the oldest law firms in the city, continue, as it usurps another two floors at 260 Madison Avenue. The law firm, with expertise in areas (investment advisory and hedge fund matters, private equity, trusts and estates) that read like a sum total of its office branches (New York, Millbrook, West Palm Beach), signed a lease for 36,000 square feet, ratcheting up its total to eight floors-100,000 square feet-at the top of the tower.
“The growth of our practice in many areas has moved us to expand our footprint in New York, and we have now made provisions for further growth into the next decade,” said managing partner Geoffry R. Handler. “Our expansion in New York comes on the heels of a similar expansion in our West Palm Beach office.”
David Sweet represented the law firm in-house. Building owner the Sapir Organization was represented by its own Lorenzo DeLillo along with Howard Grufferman of Grubb & Ellis, who served as a real estate adviser.