Manhattan, NY According to Brookfield Properties, Cravath, Swaine & Moore LLP will become the anchor tenant at Two Manhattan West, Brookfield’s next 58-story, 1.9-million s/f office tower, which is under construction on 31st St. and Ninth Ave.
Cravath will occupy 13 full floors in the building (floors 25 through 37), covering 481,000 s/f, which will serve as the base for the firm’s U.S. operations. The firm plans to move its headquarters in 2024.
Cravath was represented by Lewis Miller, Andrew Sussman, Cara Chayet and Munish Viralam of CBRE. Brookfield was represented by Bruce Mosler and Josh Kuriloff of Cushman & Wakefield, and in-house by Duncan McCuaig and P.J. Massey.
The office building will be part of Brookfield’s Manhattan West development, an eight-acre, six-building mixed-use development on the borough’s West Side.
“We are thrilled Cravath, one of the nation’s leading law firms, will anchor Two Manhattan West, joining our community of tenants at Manhattan West that represent those at the top of their fields,” said Ben Brown, Managing Partner, Brookfield Property Group. “Manhattan West’s modern office space, dynamic amenities, attractive design and unrivaled transportation access continues to attract premier companies, and Cravath is the latest example. We look forward to welcoming them to our Manhattan West community.”
“We are pleased to partner with Brookfield in creating our new headquarters in this vibrant New York City neighborhood,” said Faiza Saeed, Cravath’s presiding partner.
Manhattan West stretches from Ninth to Tenth Aves. and 31st to 33rd Sts. It will feature six million s/f of class-A office space, 844 residences at The Eugene, and the Pendry Manhattan West boutique hotel. More than 200,000 s/f of retail amenities will bring together shops and culinary concepts. A landscaped, two-acre public plaza will have public art and events by Arts Brookfield, Brookfield’s arts and entertainment program.
Two Manhattan West is rising on the southeast corner of the Manhattan West site, at 31st Street and Ninth Avenue. It is the second of two new major office buildings built at the site and will be the complex’s final development component. One Manhattan West, which opens in October, will be home to the headquarters of a number of world-class tenants.
Two other commercial buildings comprise the remaining office space at the site. Five Manhattan West, which is nearly 100% leased, has been completely transformed as a collaborative urban space with large floor plates and floor-to-ceiling glass, creating environments that foster innovation and exploration for cutting-edge companies like Amazon, JP Morgan Chase, Markit, and R/GA Media. Whole Foods and Peloton are creating new concepts anchoring the ground-floor retail, and Danny Meyer’s Union Square Hospitality Group will open a signature restaurant on Manhattan West’s signature, landscaped two-acre plaza. The Lofts at Manhattan West is a boutique, 13-story building that features high ceilings, terraces and exposed I-beam columns and is home to the coworking operator, Spaces.
Manhattan West benefits from access to public transportation. It sits adjacent to the soon-to-be-redeveloped Empire Station/Penn Station Complex and near the 7-train station at Hudson Yards. It is one block from the A, C, E, 1, 2, 3 and 7 subway lines, New Jersey Transit, the Long Island Railroad and Amtrak.