JLL has completed a new transaction for Phillips Nizer LLP with building owner SL Green Realty Corp. at 485 Lexington Avenue.
The law firm signed a lease for 38,243 s/f at the 929,765 s/f office building.
The tenant and the building owner were both represented by JLL. Phillips Nizer was represented by Alexander M. Chudnoff, vice chairman, and Abraham Cooper, associate. SL Green was represented by Paul Glickman, vice chairman, and Benjamin Bass and Diana Biasotti, both senior vice presidents. They worked closely with David Kaufman, senior vice president, with SL Green.
Phillips Nizer provided its own legal representation, led by Marc A. Landis, managing partner, along with senior counsel Robert L. Bachner and counsel Steven J. Rabinowitz. Loeb & Loeb partner Joseph De Vesta represented SL Green.
“Phillips Nizer, one of the most recognized and respected names in the legal community, was looking to relocate its offices to a single floor in a premier, high-end office building,” said Chudnoff.
“485 Lexington Avenue offered the firm an ideal opportunity to move in to a top-tier building in Midtown near its ever-growing client base.”
Phillips Nizer signed a 10 year lease for 38,243 s/f and will occupy the entire 14th floor at 485 Lexington Avenue, which is located between East 46th and East 47th streets. The law firm is relocating to the office building from 666 Fifth Avenue.
The 31-story tower has a 100-car parking garage.