Mitti Liebersohn, President and Managing Director for Avison Young, announced the firm has arranged a new 10-year, 27,488 S/F lease for Norris McLaughlin across the entire 21st floor at 7 Times Square Tower, the 47-story, 1.2-million-square-foot Class A office building located in Midtown.
An Avison Young New York team comprised of Liebersohn and Jennifer Ogden, Senior Director, and J.C. Giordano, Principal, in Avison Young’s New Jersey office, represented the tenant in the negotiations.
Boston Properties, the building’s owner, was represented in-house by Andy Levin and Heather Kahn, and Peter Turchin and Caroline Merck of CBRE.
Norris McLaughlin, a prominent regional law firm that serves the legal needs of businesses and families in New York, New Jersey and Pennsylvania, is relocating from its previous Manhattan location at 875 Third Avenue.
The company awarded the project management assignment to an Avison Young team comprised of Principal Kirsten Beck and Project Manager Melissa Urena, and retained the architectural firm Switzer to design and build out a brand-new space at 7 Times Square Tower.
Upon completion, the new location will offer a modern and collaborative environment for the firm, including full glass front offices and a large boardroom with a folding glass partition that opens onto a cafe incorporating books from their library.
This multi-functional area also will allow for more events to be held on-site as well as create a gathering space for all employees.
“Boston Properties provided a compelling deal for Norris McLaughlin at 7 Times Square Tower with a turnkey solution that addressed all of our client’s needs,” noted Liebersohn.
“We conducted an exhaustive tour of other suitable options in the Midtown area, but 7 Times Square Tower really stood out as the ideal choice for a law firm space buildout that would improve operating efficiencies for Norris McLaughlin.”
Richard Levy, Chief Operating Officer for Norris McLaughlin, said, “We are delighted with our new space at 7 Times Square Tower. We were attracted to the property for a number of reasons including its generous slab height, 10-foot high windows on four sides offering great light and spectacular views of the city as well as an efficient center core and virtually column free floor plate.”
Odgen added, “The ability to add more conference rooms and collaborative space in addition to the building’s Midtown location and proximity to many mass transit options also were major draws. It soon became clear that 7 Times Square Tower was the right space for Norris McLaughlin. ” 7 Times Square is home to a number of law firms including O’Melveny & Myers, Pryor Cashman, Manatt, and Brown Rudnick..