News:
Brokerage
Posted: December 12, 2023
Rudin completes headquarters expansion
with Davis & Gilbert
Manhattan, NY According to Rudin, Davis & Gilbert LLP is growing its headquarters at 1675 Bdwy., a 35-story, 800,000 s/f office tower in Midtown.
Davis & Gilbert has occupied 86,102 s/f across the building’s 31st through 34th floors and a portion of the 35th floor since 2019. The new, 13-year lease, which adds 12,022 s/f on the 35th floor, runs coterminous with the existing footprint, bringing the firm’s total building presence to 98,124 s/f.
Built in 1989 by Jack and Lewis Rudin and designed by Fox and Fowle Architects, the postmodernist style, granite office building at 1675 Bdwy. has views of Times Sq., the Hudson River, Central Park and the midtown skyline. Situated at the corner of Bdwy. and West 52nd St., the building was constructed using the air rights over the adjacent Broadway Theatre. The tower features an Italian marble-clad lobby with vaulted ceilings, column-free floor plates that can accommodate up to 10 corner offices and a 60-car parking garage. The property is Wired Certified Platinum, recognizing its best-in-class internet infrastructure and connectivity, and is located near the 7th Ave. B/D/E and the 57th St. N/Q/R/W subways.
“We’re delighted to be able to accommodate Davis & Gilbert’s expansion needs at 1675 Broadway,” said Michael Rudin, executive vice president of Rudin. “We take pride in our ability to grow long-term relationships with our tenants and appreciate the opportunity to continue serving the needs of this powerhouse legal firm.”
Davis & Gilbert is a full-service mid-sized law firm founded over a century ago. The firm represents a wide array of clients – ranging from start-ups to some of the world’s largest public companies and financial institutions – throughout the United States and internationally.
In addition to Davis & Gilbert, 1675 Bdwy. is home to law firms Roberts & Holland LLP and Ballard Spahr LLP, as well as global advertising and media company Publicis Groupe.
Lewis Miller, Michael Wellen and Chris Hogan of CBRE represented Davis & Gilbert. Building ownership was represented by Robert Steinman, senior vice president at Rudin.
Tags:
Brokerage
MORE FROM Brokerage
Horizon Kinetics relocates new headquarters to Tishman Speyer’s Rockefeller Center
Manhattan, NY According to Tishman Speyer investment boutique Horizon Kinetics Asset Management LLC will relocate its current New York office to 18,713 s/f on the 27th floor of 1270 Avenue of the Americas at
.jpg)
Quick Hits
Columns and Thought Leadership
Lasting effects of eminent domain on commercial development - by Sebastian Jablonski
The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account
Strategic pause - by Shallini Mehra and Chirag Doshi
Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent
AI comes to public relations, but be cautious, experts say - by Harry Zlokower
Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,
Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian
Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.
.gif)