Accounting Firm Citrin Cooperman Moving to 50 Rockefeller Plaza
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. 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.