Law Firm Cooley Moving to 130K SF at 55 Hudson Yards
By Liam La Guerre July 31, 2017 11:53 am
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Tech and life sciences law firm Cooley, which has clients such as Facebook, Google (GOOGL) and Uber, has inked a 130,000-square-foot deal at 55 Hudson Yards to relocate its New York headquarters, according to a news release from landlord Related Companies.
The practice will occupy part of the 42nd floor and the entire 43rd through 46th floors in the planned 1.3-million-square-foot, Kohn Pedersen Fox-designed building at 11th Avenue and West 34th Street, when it opens in 2018. Related is co-developing the tower with Mitsui Fudosan and Oxford Properties Group. The building will be part of Related and Oxford’s 28-acre Hudson Yards project.
“Becoming part of this visionary new development further reinforces our commitment to investment and growth in New York,” Joe Conroy, Cooley’s chief executive officer, said in prepared remarks. “We will be working alongside many of our clients and look forward to joining them in a stunning new environment that will be among the world’s most sophisticated law firm office spaces.”
Cooley is relocating from its current offices at 1114 Avenue of the Americas, also known as the Grace Building, between West 42nd and West 43rd Streets, where it has approximately 100,000 square feet, as The Real Deal reported earlier this year when it indicated that Cooley was working on a deal at Hudson Yards.
Newmark Knight Frank’s Moshe Sukenik, Aaron Katz, Patrick Nalls, Michael Shuler and Brian Cohen represented Cooley in the transaction, while CBRE’s Robert Alexander, Howard Fiddle, Emily Jones and Ryan Alexander handled the deal for the owners alongside Stephen Winter of Related Companies. Details of the deal were not immediately available.
“Both Cooley and its clients are well-regarded as forward-thinking and innovative, and their new park-front New York City headquarters, in this amenity-rich neighborhood, is an ideal fit for their customers and their culture, employees and future talent,” Jay Cross, the president of Related Hudson Yards, said in a statement.
Other tenants that have already signed leases for space at 55 Hudson Yards include law firms Boies, Schiller & Flexner and Milbank, Tweed, Hadley & McCloy as well as Intercept Pharmaceuticals, billionaire Steven A. Cohen’s Point72 Asset Management and private equity firm Silver Lake.
