Law firm Emmet, Marvin & Martin, as executed a long-term lease renewal at 120 Broadway.
A Cushman & Wakefield team consisting of E Robert Lowe, Michael Norris and Nicholas Dysenchuk represented the tenant .
“A tenant since 1991, this renewal maintains Emmet, Marvin & Martin’s longstanding presence at 120 Broadway,” said Michael Norris of Cushman & Wakefield.
“The space will undergo a full renovation, modernizing their classic law firm space and further strengthening the efficiency of the partnership.”
Founded by Thomas Addis Emmet in 1805, Emmet, Marvin & Martin is one of the oldest law firms in continuous existence in the United States.
120 Broadway, the landmark Equitable Building, is located on the very site of Thomas Addis Emmet’s first law office.
Emmet Marvin & Martin will maintain 53,000 S/F of space at the property, occupying the entire 32nd floor, for their law office.
At over 100 years old, 120 Broadway is undergoing a substantial capital improvement program. Upgrades include the addition of a tenant exclusive rooftop terrace, lounge and café, bike storage with locker room and showers, and additional renovations.
Silverstein Properties acquired 120 Broadway in 1981. Last year, the firm deployed a $50 million capital improvements campaign, engaging Beyer Blinder Belle to oversee the interior and exterior renovations.
Roger Silverstein, Executive Vice President, and Joseph Artusa, Senior Vice President at Silverstein Properties, represented the landlord in the latest deal.