Downtown Law Firm Inks Deal to Relocate a Block South
By Terence Cullen January 19, 2017 4:30 pmreprints
Law firm Walden Macht & Haran has signed a four-year sublease at One Battery Park Plaza, Commercial Observer has learned.
The three-year-old firm will occupy the entire 28,307-square-foot 34th floor of the 870,000-square-foot tower, according to a press release provided by Savills Studley. Asking rent in the deal was not immediately available.
One Battery Park Plaza, owned by the Rudin family, occupies a full block between Whitehall and State Streets and Stone and Bridge Streets. The law firm’s new space at the property is currently leased to another law firm, Morgan, Lewis & Bockius, whose deal at the 35-story building runs through 2020, according to CoStar Group.
Walden Macht & Haran will grow its foothold as part of the move from about a block away at 1 Broadway at Battery Place. There the firm subleases 17,952 square feet, CoStar indicates.
“The rapid growth of our firm, and our elite roster of corporate and individual clients, demanded better office space,” Jim Walden, the firm’s managing partner, said in prepared remarks. “Several of our clients are real estate investment and development firms, so we needed top-shelf space.”
Greg Taubin of Savills Studley represented the subtenant, while Barbara Winter and John Moxley of JLL represented the sublandlord. A JLL spokesman did not immediately return a request for comment.