Consulting Firm Heads to Times Square Tower
By Rebecca Baird-Remba August 16, 2017 6:18 pm
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Consulting firm The Brattle Group has inked a deal to relocate its New York City offices to Boston Properties’ 7 Times Square, also known as Times Square Tower, according to a release from CBRE (CBRE).
The company, which advises clients on financial, economic and legal matters, leased 14,446 square feet for 10 years on part of the 17th floor of the 47-story building between West 41st and West 42nd Streets. The asking rent for the space wasn’t immediately available.
In December, the 27-year-old firm will pack up its offices at 120 West 45th Street, where it has occupied 4,750 square feet on the 27th floor for the past five years, according to information from CoStar Group.
CBRE’s Alexander Golod, Christie Harle, Caroline Merck and Peter Turchin represented Boston Properties. Stephen Gordon of Newmark (NMRK) Knight Frank represented the tenant. CBRE didn’t return a request for comment.
“We are thrilled to have represented Brattle Group in their lease at 7 Times Square Tower,” Gordon said in a statement. “The property is centrally located in the heart of Manhattan, allowing the firm to more easily serve their clients in a wide variety of areas. We look forward to their continues success in their new home.”
Boston Properties constructed the Skidmore, Owings & Merrill-designed building in 2004. Then in 2013, it sold a $684 million minority stake in the building to Norway-based Norges Bank, as Commercial Observer reported at the time.
