First tenant at NYT building signs lease for 100,000 s/f.Forest City Ratner Companies has announced its first tenant for the New York Times building The New York Times Building is a skyscraper on the west side of Midtown Manhattan, New York that was completed in 2007. Its chief tenant is The New York Times Company, publisher of the The New York Times, The Boston Globe, the International Herald Tribune . It has signed an approximately 100,000 s/f lease with Seyfarth Shaw LLP LLP - Lower Layer Protocol , a national law firm with more than 650 attorneys. Seyfarth Shaw has ten offices in the United States and Europe. Its New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. office, currently located at 1270 Avenue of the Americas, has 80 attorneys. However, the firm plans a significant expansion in New York, creating the need for additional space which will be accommodated in the New York Times building. The firm will occupy floors 31, 32 and 33 of the Renzo Piano-designed building now under construction on Eighth Avenue and 41st Street near Times Square. A 17-year lease with an option to renew was signed on May 24, 2006. Bruce Ratner, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of FCRC FCRC Forest City Ratner Companies FCRC Federated Computing Research Conference FCRC Federal Contract Research Center FCRC Florida Conflict Resolution Consortium FCRC Fairfax County Republican Committee (Virginia) , said, "It's always a great feeling to sign the first lease in a new building. We have a number of other leases out, but Seyfarth Shaw is the first to cross the finish line." Seyfarth Shaw will move into the New York Times building in the second quarter of 2007, when the building will be opened for occupancy. The 52-story building was designed by Pritzker Prize-winning architect Renzo Piano in association with FXFOWLE Architects. The building, located at 620 Eighth Avenue between West 40th and 41st Streets, will feature a curtain wall skin of clear glass covered with a screen of ceramic rods. The New York Times Company will own and occupy floors 2 through 28; FCRC and its partner, ING Real Estate, will own floors 29 through 52. FCRC was represented by a team led by Mary Ann Tighe and includes Howard Fiddle, Tim Dempsey, Pete Turchin, Matt Preotle and Jason Pollen of CB Richard Ellis CB Richard Ellis Group, Inc. NYSE: CBG is a multinational real estate corporation currently based in Los Angeles, California, U.S.A.. On December 20, 2006, the corporation, also known as CBRE, completed acquisition of Trammell Crow Co. in a transaction valued at $2. . Seyfarth Shaw was represented by Lewis Miller, Jason Gorman, Michael Wellen, David Kleinhandler, Ken Rapp and Todd Lippman of CB Richard Ellis. |
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