Law Firm Wolf Haldenstein Renews at ABS-Owned 270 Madison Avenue

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It’s 95 years and counting at 270 Madison Avenue for law firm Wolf Haldenstein Adler Freeman & Herz, which has renewed its 32,790 square feet of space at the Midtown office tower.

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The law firm has occupied space in 270 Madison Avenue since it was first built in 1923, and will continue to do so after extending its lease at the 19-story, 269,000-square-foot building at the northwest corner of East 39th Street, according to landlord ABS Partners Real Estate.

The renewal is for a 12-year term, according to The Real Deal, which first reported the news of the transaction. Asking rent in the deal was not immediately clear.

In a press release, Robert Finkelstein, an executive managing director at ABS, attributed Wolf Haldenstein’s decision to stay at the property to the $20 million that the landlord spent on upgrades and renovations to the property—including a Spector Group-helmed revamp of the lobby and upgrades to the building’s technological infrastructure.

“It is incredibly rare for a tenant to remain in one building for 95 years and we have devoted significant resources toward improving not only [Wolf Haldenstein’s] office, but all of our tenant spaces and building systems,” Finkelstein said.

Peter Goldich of Atco Properties & Management represented the tenant in the transaction while an ABS team of Finkelstein, James Caseley and Alex Kaskel handles leasing at 270 Madison Avenue in-house, according to the company’s website. Representatives for Atco did not immediately return a request for comment.

Other tenants at the legal-heavy 270 Madison Avenue include law firms Belkin Burden Wenig & Goldman, Gottlieb Rackman & Reisman and Schwartz Sladkus Reich Greenberg Atlas.