Law Firm Expands With Move to Westbrook Partners’ 444 Madison Avenue
Law firm Schwartz Sladkus Reich Greenberg Atlas has inked a deal to grow and relocate its footprint in Midtown East.
The legal office signed a 12-year deal for 33,115 square feet on a portion of the fifth floor and all of the sixth floor at Westbrook Partners’ 444 Madison Avenue between East 49th and East 50th Streets, JLL (JLL) announced in a press release. Asking rent for the space was in the $60s per square foot, according to The New York Post, which was the first to write about the lease.
The attorneys will relocate from 22,000 square feet at 270 Madison Avenue in early 2019. The firm needs to move because it has grown to 44 attorneys from 33 in the past three years, the release notes. SSRGA has practices in real estate, litigation, health care, trusts and estates, as well as corporate and intellectual property law.
“We are looking forward to working with the 444 Madison team to create, from ground up, our vision for a new home for SSRGA and a vastly improved working environment for the entire SSRGA team,” said Steven Sladkus, one of the firm’s partners, in prepared remarks.
JLL’s Mitchell Konsker, David Dusek and Harley Dalton represented SSRGA in the deal.
“SSRGA was looking for significantly larger offices in a building with a strong avenue address, and 444 Madison Avenue certainly provided that,” Konsker said in a statement. “The property offered the convenience the law firm sought for its clients and employees, as well as efficient floor plates and a full-floor identity.”
Paul Amrich, Patrice Meagher and Meghan Allen of CBRE handled the transaction for Westbrook, which didn’t respond to a request for comment.
“The recent capital improvements at 444 Madison Avenue, including a renovated lobby, new windows and a planned tenant amenity space, coupled with a brand new build out in SSRGA’s future space is what attracted the firm to the property,” Meagher said in a statement. “It was important to the expanding firm that they find not only a space that they could continue growing into, but a building that was well-managed and in close proximity to their clients and former office.”