Law Firm Moves Up a Floor at Safra Family-Owned Midtown Building
By Rey Mashayekhi July 10, 2018 4:20 pmreprints
Law firm Belluck & Fox is moving up at 546 Fifth Avenue after inking a new lease that will see it relocate its offices within the Midtown office tower, Commercial Observer has learned.
Belluck & Fox signed a 10-year deal for 11,797 square feet spanning the entire fifth floor at the 22-story, 180,000-square-foot building at the northwest corner of West 45th Street, according to sources with knowledge of the transaction.
The personal injury firm, which specializes in mesothelioma and asbestos cases, will be moving its offices up one floor from its current digs on the building’s entire fourth floor, which also spans 11,797 square feet.
While Belluck & Fox has occupied the fourth floor at 546 Fifth Avenue since 2008, its new space on the floor above will feature a brand new buildout that’s being handled by the landlord, the Safra family-led JSRE Acquisitions. The firm is expected to move into the new fifth-floor space upon completion of the buildout in the next three to four months, sources said.
Peter Gross and Jim Gross of Douglas Elliman Commercial represented the tenant in the transaction, while Neil King and Reeves Henritze of CBRE (CBRE) represented the landlord. Representatives for both Douglas Elliman and CBRE declined to comment.
Other tenants at 546 Fifth Avenue include the Safra National Bank of New York, financial planning firm Joel Isaacson & Co. and alternative investment manager Argonaut Capital Management.