Goldich of ATCO in-house represents landlord in 4,031 s/f lease to Brown Gavalas & Fromm at 555 Fifth Avenue

Brown Gavalas & Fromm LLP, one of the city's most prominent maritime law firms, will soon relocate from the Grand Central submarket to ATCO Properties & Management's 555 Fifth Ave., a 20-story, boutique office property in the heart of Midtown. The law firm, which specializes in maritime, aviation, transportation, insurance, international law and liability defense matters, has taken a five-year, 4,031 s/f lease comprising a portion of the 3rd floor at the LEED Silver certified office building, located on the southeast corner of East 46th St. With offices in Manhattan and Northern New Jersey, Brown Gavalas & Fromm LLP maintains a reputation for extensive knowledge and creativity over its core practice areas. The firm, presently located at 355 Lexington Ave., expects to relocate to 555 Fifth Ave. later this month. According to Kate Goodman, co-president at ATCO, 555 Fifth Ave.'s close proximity to Grand Central Terminal and the United Nations was appealing for the firm. "Our building is in a prime location right on Fifth Ave. just steps from major transportation hubs, several subway lines and some of the best retail and restaurants in Midtown," she said. "As law firms increasingly become more efficient, our floorplates allow great space efficiency and connectivity. In addition, our state-of-the-art broadband infrastructure was attractive to the firm, as they maintain one of the most advanced legal technology and information systems in the business." Peter Goldich, managing director of ATCO Brokerage Services represented the landlord in-house in negotiations, while Greg Taubin, executive managing director of Savills Studley, represented the tenant in the transaction. Situated just blocks from Grand Central Terminal and Bryant Park, the 97% occupied, class A property is home to several other prestigious law firm tenants, including Nicoletti Gonson Spinner LLP and Warshaw Burnstein LLP. Other current tenants at 555 Fifth Ave. include CW Financial Services, Valley National Bank, Global Excess Partners, Floyd Advisory, JB Star, Barnes & Noble and Wichcraft. Currently approximately 12,009 s/f of office space in two units between 5,137 and 6,872 s/f are available for lease in the building. In addition, a 3,291 s/f ground floor retail space located between Barnes & Noble and Tommy Bahama - one of the fastest growing retail corridors in Manhattan - is also available for lease. A leader in technology and green energy, 555 Fifth Ave. is certified "Platinum" through WiredNYC, an initiative of the Bloomberg administration aimed at bringing transparency to broadband connectivity in New York City office buildings.