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Friedman LLP Ditching Midtown for 45K SF at One Liberty Plaza


Accounting firm Friedman LLP will relocate after five decades in Midtown to Brookfield Property PartnersOne Liberty Plaza, Commercial Observer has learned.

Friedman inked a 10-year deal for 44,767 square feet on the entire 21st floor of the 54-story office tower between Church Street and Broadway, according to a spokesman for Newmark (NMRK) Knight Frank, which brokered the deal for the firm. Asking rent was $62 per square foot.

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The firm’s headquarters has been in 39,000 square feet at 1700 Broadway for more than 50 years but Friedman decided to move Downtown because of the “24/7, 365-day community Lower Manhattan has transformed into,” NKF’s Peter Shimkin, who brokered the deal with colleague David Falk, said in a statement.

“Friedman selected One Liberty Plaza because it’s the most conveniently located Downtown building,” Shmikin added.

Brookfield handled the deal in-house with a team of Mikael Nahmias, Jerry Larkin, David McBride and Justin Coulter.

“One Liberty Plaza has become a destination of choice for firms that are re-imagining their workplace,” Nahmias said in a statement.

Friedman plans to move into the 2.3-million-square-foot office tower in the summer of 2019. It will join other tenants including the New York City Economic Development Corporation, insurance firm Aon and Business Insider.