Printer Friendly

City still the center of world's business.

The decision by law firm Heller Ehrman White & McAuliffe LLP, to take 138,000 s/f of Time Square office space is further indication of the continued allure of New York City as the world's business center, according brokers invovled in the deal.

The international law firm committed to the space in Times Square Tower last week and plans to move in early 2005 with 165 attorneys.

The CB Richard Ellis team of Lewis Miller and Scott Gottlieb arranged the long-term lease on behalf of Heller Ehrman White & McAuliffe LLP.

CBRE's John Powers and Peter Turchin, who serve as exclusive leasing agents for the property, negotiated on behalf of the building ownership, Boston Properties.

"This deal is further indication of the continued allure of New York City to major tenants as the world's business center," said Mr. Miller.

"Heller Ehrman's decision to expand its presence in the city is also proof of a rebounding economy and the continued job growth in this sector."

Once completed, the law firm's new offices at the Times Square Tower will boast some of the most advanced technological enhancements available.

"The benefits offered by this newly constructed property, including column free space, high ceilings, floor-to-ceiling windows, floor size, configuration and floor-by-floor air conditioning units, makes the building ideally suited to accommodate law firms," continued Mr. Miller.

"In addition, the building was able to provide future expansion space to accommodate Heller Erhman's anticipated growth requirements."

Times Square Tower is a 47-story, 1.2-million-s/f office building designed by David Childs of Skidmore, Owings & Merrill, LLP and was developed by Boston Properties.

The property boasts uniform floor sizes and panoramic views from every direction.
COPYRIGHT 2004 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

Article Details
Printer friendly Cite/link Email Feedback
Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1U2NY
Date:Jul 21, 2004
Words:277
Previous Article:Partnership aiming to keep focus on global stage.
Next Article:IREM has a new university partner.
Topics:


Related Articles
Editor's corner.
Federal court foils Arkansas school's effort to restrict Harry Potter. (People & Events).
From Dr. Janice Campbell. (Letters to the Editor).
Information for authors.
Editorial.
St. F.X. University.

Terms of use | Privacy policy | Copyright © 2019 Farlex, Inc. | Feedback | For webmasters