Cravath Signs on as Anchor Tenant for Two Manhattan West
By Rebecca Baird-Remba October 7, 2019 2:04 pmreprints
Major corporate law firm Cravath Swaine & Moore has inked a deal to move its headquarters to Brookfield Properties’ Two Manhattan West, where it will be the anchor tenant, Brookfield announced on Friday.
Cravath will occupy 481,000 square feet on the 25th through 37th floors of the 58-story, 1.9-million-square-foot office tower at the corner of Ninth Avenue and West 31st Street. The corporate mega-firm will move its headquarters from 825 Eighth Avenue to Manhattan West in 2024. Brookfield declined to disclose the asking rent and the length of the lease.
Cravath was represented by Lewis Miller, Andrew Sussman, Cara Chayet and Munish Viralam of CBRE (CBRE). Brookfield was represented by Bruce Mosler and Josh Kuriloff of Cushman & Wakefield (CWK), and in-house by Duncan McCuaig and P.J. Massey. Spokespeople for CBRE and C&W didn’t immediately return requests for comment.
“We are pleased to partner with Brookfield in creating our new headquarters in this vibrant New York City neighborhood,” said Faiza J. Saeed, Cravath’s presiding partner, in a statement.
One Manhattan West, the first part of Brookfield’s six-building Manhattan West development, is set to open this month with 2.1 million square feet of office space. Other buildings in the project include the 844-unit rental known as The Eugene and The Pendry, a boutique hotel.
“We are thrilled Cravath, one of the nation’s leading law firms, will anchor Two Manhattan West, joining our community of tenants at Manhattan West that represent those at the top of their fields,” said Ben Brown, a managing partner at Brookfield.