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Law firm closes on 380,000 SF at former Deutsche Bank offices.


After having considered a wide array of possible locations for 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.
 headquarters, the world's largest law firm, Clifford Chance Clifford Chance LLP is the largest law firm in the world, both by number of lawyers and revenue, and a component of the UK's "Magic Circle" of leading law firms. In recent years, it has universally come to be accepted as the world's leading global law firm.  US LLP LLP - Lower Layer Protocol , has settled and closed on a long-term lease for 380,000 square feet at the Deutsche Bank's former headquarters at 31 West 52nd Street.

The long-awaited deal means that Clifford Chance will consolidate its operations from offices at 200 Park Avenue, 450 Lexington, and 708 Third Avenue in the Rockefeller Center Rockefeller Center, complex of buildings in central Manhattan, New York City, between 48th and 51st streets and Fifth Ave. and the Ave. of the Americas (Sixth Ave.). The project was sponsored by John D. Rockefeller, Jr.  district.

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.  brokered both sides of the transaction at the 29-story tower. David Bernstein, Robert Stillman and Andrew Sussman represented Clifford Chance, while Robert Alexander, David Maurer-Hollaender, and Douglas Lehman represented Deutsche Bank.

"Everyone in the industry speculated for many months about where and when Clifford Chance would land," said Mr. Alexander. "This deal illustrates the inherent strength of the midtown market as it relates to top quality buildings; 31 W. 52nd Street is, arguably, one of the most sought-after properties in the Sixth Avenue corridor."

According to the CBRE CBRE CB Richard Ellis (real-estate firm)
CBRE Chemical, Biological, Radiological and Explosive
CBRE Component-Based Reliability Estimation
CBRE Coldwell Banker Richard Ellis (Boston, MA) 
 leasing team, an additional 220,000 square feet of space has recently become available at 31 W. 52nd Street as Deutsche Bank vacates the remainder of the tower and completes its commitment to a downtown consolidation.

31 West 52nd Street, a building of approximately 725,000 square feet, counts Toronto Dominion Bank as its sole existing office tenant, and the Museum of Modern Art Design Store and the American Craft Museum as its retail tenants. The building also offers a 120-car underground parking garage.
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Title Annotation:Clifford Chance L.L.P.
Publication:Real Estate Weekly
Geographic Code:1USA
Date:Oct 15, 2003
Words:251
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