Accounting Firm Citrin Cooperman Moving to 50 Rockefeller Plaza
By Nicholas Rizzi October 30, 2019 3:45 pm
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Accounting firm Citrin Cooperman will ditch its Fifth Avenue home after nearly three decades to move to Rockefeller Center, brokers on the deal confirmed.
Citrin signed a 15-year deal for 110,742 square feet at Tishman Speyer’s 50 Rockefeller Plaza between West 50th and West 51st Streets, the New York Post first reported. Asking rent was $88 per square feet.
The accounting firm has had its headquarters at 529 Fifth Avenue since 1992 — most recently occupying 110,233 square feet on seven non-contiguous floors — and plans to move into its new digs in the third-quarter of 2021, according to tenant brokers CBRE (CBRE). Citrin will have part of the second floor along with the entire third and fourth floors of the 15-story 50 Rockefeller Center.
“50 Rockefeller Center is the perfect new home for Citrin Cooperman as it provides a prime location, great amenities and prominent signage,” CBRE’s Ken Rapp, who worked on the deal for Citrin, said in a statement.
Rapp represented the firm along with Christopher Mansfield, Brad Auerbach and Ramneek Rikhy while Tishman handled the deal in-house. A spokesman for Tishman did not immediately respond to a request for comment.
Citrin’s lease comes more than a week after Tishman nabbed another big tenant to the 90-year-old building. Law firm Katten inked a deal to move its New York City offices from 575 Madison Avenue to 125,000 square feet in 50 Rockefeller Plaza.
