News: Brokerage

Bow and Romeo of The Durst Org. lease 57,971 s/f to Perkins Cole

MANHATTAN, NY According to The Durst Org., Perkins Coie has signed a 15-year lease for 57,971 /f on the entire 20th through 22nd floors and partial 23rd floor of 1155 Avenue of the Americas.  Deutsche Börse has signed a 10-year lease for 12,095 s/f on the partial 19th floor of the Corporate Row tower.  Perkins Coie is relocating from their offices at 30 Rockefeller Plaza.  Deutsche Börse is moving uptown from 60 Broad St.; they are the second exchange this year to announce a move from Lower Manhattan to one of Durst’s midtown properties.  Nasdaq is relocating its global headquarters to its MarketSite location at Durst’s 4 Times Square.

1155 Avenue of the Americas was competed in 1984 and designed by Emery Roth & Sons.  The building, LEED v4 Silver certified under the EBOM rating system (Existing Buildings Operations Maintenance), has undergone a $110 million capital improvement program. 1155’s upgrades include a new lobby, destination dispatch elevators, new windows and floor-to-ceiling glass at the building’s chamfered corners.   In addition, a roof-top pavilion is under construction with striking views of Bryant Park, the Empire State Building and One World Trade Center.

“We are thrilled to have Perkins Coie and Deutsche Börse join the Durst portfolio,” said Jonathan (Jody) Durst, president of The Durst Org.  “With its prestigious Sixth Ave. address and dazzling midtown views, 1155 has always had an impressive tenant roster.  Today, after more than $100 million in upgrades including new windows and a new lobby the building has become a mecca for boutique financial service firms that seek an elegant environment for their client facing business.”

Perkins Coie was represented by vice chairman Ken Rapp, senior vice president David Kleinhandler, senior vice president Michael Wellen and vice president Cara Chayet of CBRE.  The Durst Org. was represented in-house by executive vice president Tom Bow and senior managing director Rocco Romeo. Deutsche Börse was represented by JLL’s senior vice pesident Simon Landmann, and Durst was represented in-house by Tom Bow and Rocco Romeo.

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