Fried Frank advises RXR Realty in Davis Polk & Wardwell lease extension at 450 Lexington Ave.

Manhattan, NY Fried Frank advised RXR Realty on its 25-year lease extension with global law firm Davis Polk & Wardwell LLP at its 450 Lexington Ave. office building and related modifications to the building’s existing financing.

As part of the renewal, Davis Polk will be expanding its footprint at the 40-story class A office tower by an additional floor, adding 30,000 s/f, and bringing its footprint in the building to over 700,000 s/f. In connection with the lease, RXR and its partners are also investing over $300 million for extensive capital improvements throughout the building common areas and across Davis Polk’s 23 floors. This transaction is the largest lease in New York City in 2023 to date.

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Meridian Capital Group arranges 10-year retail lease for Mess at 236 West 10th St.

Manhattan, NY According to Meridian Capital Group, Jordan Langer, Noam Aziz and Carson Shahrabani of the firm’s retail leasing team have arranged a five-year lease at 236 West 10^thSt. in Greenwich Village

Houlihan Lawrence Commercial sells residential development site for $2.1 million

Houlihan Lawrence sells development site for $2.1m

GFP Real Estate signs Knit Illustrated to 4,051 s/f five-year lease at 247 West 37th St.

GFP R.E. signs Knit Illustrated to 4,051 s/f at 247 West 37th St.

The Feil Organization signs 15-year, 46,000 s/f renewal with Thompson Coburn LLP at 488 Madison Ave.

Feil signs 46,000 s/f renewal with Thompson Coburn at 488 Madison Ave.

Cushman & Wakefield arranges 16,051 s/f lease at 125 Broad St. to Harris Trzaskoma, LLP

C&W arranges 16,051 s/f lease at 125 Broad St. to Harris Trzaskoma

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Affinius Capital originates $200 million construction loan for 200 Douglass in Brooklyn

Columns and Thought Leadership

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