At a time when many law firms are scaling down in space, Olshan Frome Wolosky has announced it will expand into a 53,110 s/f space at 1325 Avenue of the Americas.
The firm will relocate from 65 East 55th Street to occupy the entire 15th and 16th floors. It also 3,422 s/f of space in the concourse level for storage.
The new space will feature “one size fits all” offices; whether you’re a partner or associate, each office will be the exact same size
The newly defined accommodations will allow the firm to expand significantly beyond its existing headcount through the life of its new lease by maximizing square footage utilization compared to its existing space.
Nina Roket, co-administrative partner at Olshan, commented: “We’re excited about creating a new law firm office model that’s efficient, innovative and collegial and reflects the spirit of creativity and collaboration at Olshan.
“We carefully weighed many factors in making a decision, and this space highlights our commitment to long term growth and our expanding client base in key areas.”
Robert Yaffa and Wayne Van Aken of DTZ represented Olshan Frome Wolosky in the 15-year lease. Yaffa, an executive managing director at DTZ, said, “Olshan was in search of a space that would allow it to grow, and at 1325 Avenue of the Americas, the firm will create a trend-setting, creative and efficient workplace; outside of typical law firm layouts,.
“Olshan is at the forefront of a forward-thinking design strategy, as its new office space will follow a ‘one-size-fits-all’ model where. This is a concept that many law firms are exploring but not executing.
“In addition to this innovation, Olshan will be providing amenities like a lounge, attorney caucus rooms, and conference center for its employees. This will certainly continue to reflect the firm’s commitment to fostering an interactive and collaborative atmosphere.”
The building owner, Paramount was represented by Doug Neye at JLL.
