International law firm Goldberg Segalla has nearly doubled the size of its New York City headquarters in a planned move to 711 Third Avenue between East 44th and East 45th Streets, Commercial Observer has learned.
Goldberg Segalla has leased 23,679 square feet on the entire 19th floor and a portion of the 18th floors of the 20-story, 583,000-square-foot building, landlord SL Green Realty Corp. said in a press release. The law firm currently occupies 12,487 square feet at another SL Green building, 600 Lexington Avenue at the corner of East 52nd Street.
The lease is for 11 years and the asking rent was $68 per square foot, according to the landlord. The company will relocate by the end of this year,
Kyle J. Ciminelli of Newmark Grubb Knight Frank represented Goldberg Segalla in the transaction, while Howard J. Tenenbaum and Gary M. Rosen acted on behalf of SL Green in-house. Ciminelli declined to comment.
“We were delighted to assist Goldberg Segalla with its expansion. This demonstrates a unique advantage as New York City’s largest commercial landlord to be able to accommodate the ever changing space needs of our tenants,” Steven Durels, director of leasing and real property for SL Green, said in prepared remarks, noting that “during the last 14 months, a total of 177,745 square feet has been leased at the property.”
Tenants in the building include law firm Golenbock, Eiseman, Assor, Bell & Peskoehttps in 38,050 square feet and Ackman-Ziff Real Estate Group, a brokerage specializing in finance, in 19,025 square feet, both which CO previously reported.