One World Financial Center Welcomes Hills, Betts & Nash
Michael Ewing June 25, 2012, 9 a.m.
Hill Betts & Nash LLP have signed a five-year lease for an office at One World Financial Center.
The law firm signed a 11,518-square-foot lease on the 26th floor of the building. The floor is shared with Ronin Capital, a finance firm that occupies the remaining 11,297 square feet of the floor.
Ted Rotante of Colliers International represented the tenant in the transaction. The landlord, Brookfield Office Properties, was represented by David Cheikin, a spokesperson and leasing agent for the building.
The practice was founded in 1898 as a general practice firm with expertise in commercial and tort litigation, insurance, world trade and transportation, and bankruptcy. The firm operates its headquarters out of Manhattan with an operating office out of Fort Lauderdale, Florida.
The building, One World Financial Center, was constructed in 1986 and boasts 40 floors with over 1,600,000 square feet of office space.
“As one of New York City’s premier business addresses, the WFC features extensive public spaces, dozens of shops and restaurants, and a stunning outdoor waterfront esplanade along the Hudson River,” said Mr. Cheikin.
“In addition, Brookfield is undertaking a $250-million renovation of the World Financial Center to meet the needs of the changing Lower Manhattan: a new center for, dining, entertainment, and a diverse workforce beyond financial services,” Mr. Cheikin added. “Construction has also started on the World Financial Center’s dining terrace with six restaurants and a European-style marketplace.”
Hill Betts & Nash LLP will join notable tenants such as Deloitte and Touche, Cadwalader, Wickersham & Taft, Fidelity Investments, and Dow Jones & Co.