Global law firm Proskauer has moved into its new office at Eleven Times Sq., becoming the anchor tenant at the new, environmentally responsible office tower. The lease for the 400,000 s/f space was one of the most significant in the area's office market in recent years.
Proskauer chairman Allen Fagin and incoming chairman Joseph Leccese were joined by mayor Michael Bloomberg and a number of city, local business and community leaders at a ribbon cutting January 19 celebrating the move, which Fagin said was a testament to Proskauer's New York roots and a platform for the firm's future.
"This move is a significant milestone for Proskauer, and we are proud to be part of the completion of the Times Sq. redevelopment initiative that began 30 years ago," he said. "We have had our headquarters in New York since the firm began in 1875 and since then have built a global platform that encompasses the world's key financial centers. Our new office stands as tribute to our longtime relationship with and service to the business, cultural and educational institutions that define the city."
"We were thrilled to have had mayor Bloomberg join us to celebrate the opening of our offices at Eleven Times Sq.," said Leccese. "As we look to the future from this impressive new building, we are confident this endorsement from the city, the trust our clients place in us every day, and the hard work and commitment of all our personnel will further fuel our growth into the future."
Proskauer occupies 14 floors at Eleven Times Sq., located at Eighth Ave. and 41st St. Developed by SJP Properties and designed by FXFOWLE Architects, the building has received the Leadership in Energy and Environmental Design (LEED) Gold Certification, based on the criteria set by the USGBC's LEED Green Building Rating System.
It features the latest green technology in its design, including an advanced air filtration and ventilation system, as well as a glass curtain wall exterior that reduces heat gain and allows in natural light.
The tower will also feature a 50-foot-long, 20-foot-high, backlit sign, making Proskauer the first law firm in New York to have its name prominently displayed at the top of its headquarters.
Founded in New York in 1875, Proskauer opened its first office in Lower Manhattan. The firm now encompasses more than 50 practices, representing a broad range of clients in corporate, litigation, labor and employment, real estate, health care, personal planning, tax and intellectual property matters, among others. Its client roster of marquee New York businesses and institutions includes the New York Times Company, NYSE Euronext, Bank of America, Citigroup, Lincoln Center, the New York City Ballet, the Broadway League (all major theater owners), Columbia University, Cooper Union, Mount Sinai Medical Center, the Metropolitan Transit Authority, Con Edison, the Realty Advisory Board on Labor Relations, Major League Baseball, the National Basketball Association, the National Football Association, the National Hockey League, Major League Soccer, the Women's National Basketball Association, the New York Yankees, the New York Jets, and the City of New York itself.
Today, as a global firm, Proskauer is recognized for its leadership in a variety of legal services provided to clients worldwide from offices outside of New York City, including: Boca Raton, Boston, Chicago, Hong Kong, London, Los Angeles, o Paulo and Washington, DC. AdditionalNew Orleans, Newark, Paris, Sa information can be found at www.proskauer.com. Tags: