Stroock & Stroock & Lavan reps Fred Alger in 45,000 s/f office sublease

Stroock & Stroock & Lavan LLP provided legal representation to investment advisory Fred Alger Management, Inc. in connection with a ten-year, two-floor sublease from publisher Reed Elsevier for 45,000 s/f of office space at 360 Park Ave. South. Stroock real estate partner Jacob Bart represented Fred Alger Management. Benjamin Randall of Chicago-based Randall & Kenig LLP represented Reed Elsevier. "The deal provided an ideal solution for both parties," said Bart. "Fred Alger was seeking a sizeable amount of class A space in a favorable midtown location near its current office while Reed Elsevier had surplus space to sublease in a large building the firm net leases." Alexander Chudnoff of Jones Lang La Salle provided broker representation for Fred Alger Management along with Douglas Dolgoff and Haley Klein of Cushman & Wakefield, while Reed Elsevier was represented by Kevin Daly and Clark Finney of Cushman & Wakefield. Stroock & Stroock & Lavan LLP is a law firm providing transactional and litigation guidance to leading multinational corporations, investment banks and private equity firms in the U.S. and abroad. Stroock's emphasis on client service and innovation has made it one of the nation's leading law firms for over 130 years. Stroock's practice areas include capital markets/securities, commercial finance, mergers and acquisitions and joint ventures, private equity, private funds, derivatives and commodities, employment law and benefits, energy and project finance, entertainment, environmental law, financial restructuring, financial services litigation, insurance, intellectual property, investment management, litigation, personal client services, real estate, structured finance and tax. For more information, please visit Stroock's website at www.stroock.com.