Law Firm Freehill Hogan & Mahar Reups at 80 Pine Street
The firm signed an 11-year renewal for its 17,333-square-foot space on parts of the 24th and the entire 25th floor of the 38-story Financial District building, according to landlord Rudin Management Company. A spokesperson for the landlord declined to provide the asking rent.
Freehill Hogan & Mahar have been tenants in the building between Water and Pearl streets for nearly three decades, according to Rudin.
The deal comes after Rudin completed the first phase of renovations for the 1960-era property that includes upgrading the entrances and lobby as well as adding indoor and outdoor amenity centers and touch-free access points, the landlord said. The landlord also nabbed a $38 million refinance for the property in January, as Commercial Observer reported.
Rudin handled the deal in-house via Kevin Daly while Howard Nottingham and Allyson Bowen of Savills represented the tenant.
“We are actively reinvesting in our properties with lobby renovations, amenities and outdoor space to meet the needs of today’s tenants,” Michael Rudin, executive vice president of Rudin, said in a statement. “As a valued tenant of ours since 1992, Freehill Hogan & Mahar will benefit from our recent renovation, and we’re thrilled that they will keep their New York headquarters at 80 Pine for many years to come.”
Other tenants in the building include the Port Authority of New York and New Jersey, AIG Global Asset Management Holdings Corp. and the National Urban League.
“Freehill Hogan & Mahar has called downtown home for over 50 years. Throughout this time, the firm witnessed several market cycles but remained committed to Lower Manhattan and New York City — today, that commitment remains the same,” Bowen said in a statement. “It made complete sense for the firm to renew at 80 Pine, where the Rudin family has continued to provide tenants with a first-class experience.”
Nicholas Rizzi can be reached at email@example.com.