News: Brokerage

Rudin secures 55,335 s/f lease with JAMS at the top of 3 Times Square

Photo Credit: Rudin

Manhattan, NY Rudin has secured an agreement with JAMS to relocate its New York Resolution Center to 3 Times Sq., Rudin’s 30-story, 925,000 s/f tower in Midtown.

JAMS, provider of alternative dispute resolution services worldwide, will occupy 55,335 s/f across the entire 29th and 30th floors – the building’s top two floors. As part of the 11-year lease, JAMS is expected to move from its current offices at 620 Eighth Ave., Q4 of 2027.

Rudin was represented in-house by Kevin Daly along with the Cushman & Wakefield team of Ron LoRusso, Lou D’Avanzo, John Cefaly, Michael Burgio, Dan Organ and Paige Engeldrum. Ken Rapp, Brendan Herlihy and Ron Wade of CBRE represented JAMS. 

“JAMS’ major commitment to 3 Times Sq. underscores the market’s continued appetite for top-quality, well-located properties with premier amenity programs,” said Michael Rudin, Co-CEO of Rudin. “JAMS joins a diverse roster of high caliber companies who value vibrant, transit-connected Midtown Manhattan office destinations.”

“JAMS has a longstanding presence in New York, and this relocation represents an important investment in our future here,” said Kimberly Taylor, CEO and president of JAMS. “3 Times Sq.will provide a modern, highly accessible environment designed to support complex proceedings and the evolving needs of the legal and business communities. We look forward to welcoming people to a space that reflects the quality of service and elevated experience they expect from JAMS.”

Originally constructed and opened in 2001, Rudin and its joint venture partner Thomson Reuters recently completed a capital improvement program at 3 Times Sq. The redevelopment of the tower features a new, glass-walled triple-height lobby and a sculptural façade screen. Generating more than 220 million annual impressions, the building’s iconic digital signage offers tenants a rare opportunity to elevate brand visibility in one of the world’s most recognized commercial corridors.

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