Law Firm Katsky Korins Extends Lease at 605 Third Avenue
Law firm Katsky Korins is staying put at Fisher Brothers’ 605 Third Avenue and has signed a 12-year lease for a new space within the Midtown property, Commercial Observer has learned.
Katsky Korins signed a lease for 19,871 square feet on the building’s 17th floor, and will relocate from an existing 23,896-square-foot space, according to information from the landlord. Asking rent at the property was in the mid $70s per square foot, according to a person with knowledge of the deal.
The general practice law firm has been located at the 44-story property, located between East 39th and East 40th Streets, since 1988.
“Katsky Korins has been a valued tenant for over three decades, and we are pleased we could accommodate their move to new and upgraded space within the tower,” Ken Fisher, a partner at Fisher Brothers, said in prepared remarks.
Marc Packman and Clark Briffel represented Fisher Brothers in-house and Oliver Katcher of Indigo Property Holdings represented the tenant.
Fisher Brothers invested $25 million to renovate and amenitize the building, and the overhaul was completed in 2016. The investments included a new entrance and lobby designed by David Rockwell, and an amenity space on the seventh floor managed by Convene.
The building is now 99 percent leased, per the landlord. Other tenants at the building include investment manager Global X Fund, media conglomerate Univision, fintech company Broadridge Financial Solutions and engineering firm Aecom.