News: Brokerage

Avison Young arranges Norris McLaughlin lease at 7 Times Square Tower; Levin, Kahn, Turchin and Merck of CBRE rep owner

Mitti Liebersohn,
Avison Young

New York, NY Mitti Liebersohn, president and managing director for Avison Young, said the firm has arranged a new 10-year, 27,488 s/f lease for Norris McLaughlin across the entire 21st floor at 7 Times Sq. Tower, the 47-story, 1.2 million s/f class A office building located in Midtown Manhattan. 

7 Times Sq. Tower - New York, NY

An Avison Young New York team comprised of Liebersohn and Jennifer Ogden, senior director, and J.C. Giordano, principal, in Avison Young’s New Jersey office, represented the tenant in the negotiations. Boston Properties, the building’s owner, was represented in-house by Andy Levin Heather Kahn, Peter Turchin and Caroline Merck of CBRE. 

Norris McLaughlin, a regional law firm that serves the legal needs of businesses and families in New York, New Jersey and Pennsylvania, is relocating from its previous Manhattan location at 875 Third Ave. 

The company awarded the project management assignment to an Avison Young team comprised of principal Kirsten Beck and project manager Melissa Urena, and retained the architectural firm Switzer to design and build out a brand new space at 7 Times Sq. Tower. 

“Boston Properties provided a compelling deal for Norris McLaughlin at 7 Times Sq. Tower with a turnkey solution that addressed all of our client’s needs,” said Liebersohn. “We conducted an exhaustive tour of other suitable options in the Midtown area, but 7 Times Sq. Tower really stood out as the ideal choice for a law firm space buildout that would improve operating efficiencies for Norris McLaughlin.”

Richard Levy, chief operating officer for Norris McLaughlin, said, “We are delighted with our new space at 7 Times Sq. Tower. We were attracted to the property for a number of reasons including its generous slab height, 10-ft. high windows on four sides offering great light and spectacular views of the city as well as an efficient center core and virtually column free floor plate.”

Odgen said, “The ability to add more conference rooms and collaborative space in addition to the building’s Midtown location and proximity to many mass transit options also were major draws. It soon became clear that 7 Times Sq. Tower was the right space for Norris McLaughlin. ”

7 Times Sq. Tower is home to a number of law firms including O’Melveny & Myers LLP, Pryor Cashman LLP, Manatt, Phelps & Phillips LLP and Brown Rudnick LLP. 

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
A guide to finding the right NYC property management company - by Sanjay Gandhi

A guide to finding the right NYC property management company - by Sanjay Gandhi

Being a small to midsize landlord in NYC is an increasingly demanding endeavor. From navigating complex regulations, increased compliance demands to dealing with tenant issues and remediating violations. It is wise to enlist the assistance of a partner, a professional
Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Yes, there are lessons to be learned from the largest companies in America when comes to managing your real estate. But the decision to buy or lease real estate may not be one of
Positive forecast for New York’s pro-housing push? - by Philip Butler

Positive forecast for New York’s pro-housing push? - by Philip Butler

New York’s housing crisis remains a hot button topic despite growing consensus that varied and affordable housing is desperately needed statewide. Governor Hochul has recently introduced several initiatives to overcome N.Y.’s anti-housing