Zelinger of Savitt Partners represents Gusy Van der Zandt in 2,800 s/f; Fennon, Gallucci, Wildes and Mosler of Cushman & Wakefield assist

In a transaction arranged by Savitt Partners, Gusy Van der Zandt LLP has committed to a 2,800 s/f lease at 261 Madison Ave. Currently located in 1,400 s/f at 500 Fifth Ave., the transaction will enable the law firm to double its size. Elliot Zelinger of Savitt represented Gusy Van der Zandt in the 10-year lease transaction. Myles Fennon, Robert Gallucci, Alan Wildes and Bruce Mosler of Cushman & Wakefield (C&W) represented the building ownership. "Gusy Van der Zandt is currently subleasing space and wanted a direct lease," said Zelinger, who added that the firm was also looking for additional space for its growing business practice. "The Sapir Organization invested in a modern, upgraded lobby at 261 Madison Ave., while the space itself features an efficient layout and an abundance of natural light, all of which attracted the tenant to the property." Gusy Van der Zandt is a multilingual law firm offering U.S. and international legal services to companies and entrepreneurs. Their practice focuses on corporate and commercial contracts, litigation, arbitration, intellectual property and information technology. Located between 38th and 39th streets, 261 Madison Ave. is a 412,000 s/f, class A office building. Savitt Partners is a full-service commercial real estate company headquartered in New York City. Founded by Bob Savitt, the firm owns and/or operates a portfolio totaling nearly two million square feet of office and showroom buildings in Manhattan, including 530 Seventh Avenue, 525 Seventh Avenue, 218 West 40th Street, 499 Seventh Avenue and 11 West 19th Street. In addition to overseeing the leasing and management of its own assets, the firm provides superior leasing, asset and property management and investment services to other quality owners and tenants.