15,000 SF Law Firm Lease at Empire State Building
Clifton Budd & DeMaria, LLP (CBDM), a law firm that represents management in labor and employment law, has leased 15,072 square feet on the 61st floor of the Empire State Building.
The firm will move from 420 Lexington Avenue in the second quarter of 2013.
William Fressle and Franklin Speyer of Cushman & Wakefield represented the tenant in the lease negotiations. William Cohen and Ryan Kass of Newmark Grubb Knight Frank represented the landlord, W&H Properties, which is supervised by Malkin Holdings LLC.
In addition to the law firm lease, four more firms have leased pre-builts totaling more than 20,000 square feet at the Empire State Building.
- CB Alliance, a business accelerator and boutique private equity firm, leased a 4,549-square-foot suite on the 76th floor. (Tenant rep: Elie Reiss of Rice & Associates)
- Digital Capital Advisors, an investment banking boutique specializing in media, leased a 3,160-square-foot suite on the 76th floor. (Tenant rep: Elie Censor of Norman Bobrow & Company)
The suites on the 76th floor are the highest pre-builts in the city.
- OpTier, which provides end-to-end contextual transaction data, leased a 6,569-square-foot suite on the 65th floor. (Tenant reps: Michael Okun, Peter Sabesan, and Michael Piccirillo of Coldwell Banker Commercial Hunter Realty)
- Recommind Inc., which offers automated end-to-end eDiscovery, enterprise search and automatic categorization software, leased a 5,442-square-foot suite on the 31st floor. (Tenant rep: Lauren Smith of CBRE)
With new investments in energy-efficiency, building-wide infrastructure upgrades, public areas and amenities totaling more than $550 million, the Empire State Building has taken a leading role in sustainability, partnering with the Clinton Climate Initiative, Rocky Mountain Institute, Johnson Controls and Jones Lang LaSalle to develop an innovative process for a comprehensive energy efficiency retrofit program that will reduce the building’s total energy consumption by 38% and that has led the building to receive an Energy Star rating of 80, placing it in the top 20% in energy efficiency among all buildings measured under the Energy Star program.
The energy retrofit program that contributed to the Energy Star designation was also an important element in receiving the LEED-EB Gold certification from the United States Green Building Council.