National Law Firm Relocates to the 35-Story, 850,000 SF Class A Midtown Tower
The Rudin Family, one of New York City’s largest private owners, operators and developers of first-class real estate, announced today that full-service law firm Davis & Gilbert LLP has signed a 15-year, 86,000 square-foot lease at 1675 Broadway, a 35-story, 850,000 square-foot office tower in the heart of Midtown.
Davis & Gilbert will relocate its full-service mid-sized New York City law office from its current location at 1740 Broadway in summer 2020. The new lease encompasses the 31st through 34th floors and a portion of the 35th floor. The building features an efficient floorplate that provides the ability to layout a mix of private offices, meeting spaces, conference rooms and up to 10 corner offices per floor.
Davis & Gilbert LLP is a strategically focused, full-service mid-sized law firm of more than 130 lawyers. 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. Davis & Gilbert has practices focusing on Advertising, Marketing & Promotions; Benefits & Compensation; Corporate; Digital Media, Technology & Privacy; Entertainment, Media & Sports; Insolvency, Creditors’ Rights & Financial Products; Intellectual Property; Labor & Employment; Litigation; Private Client Services; Real Estate and Taxation.
“We are thrilled that Davis & Gilbert has chosen 1675 Broadway for their new Manhattan offices,” said Michael Rudin, Senior Vice President at Rudin Management Company, the operating arm of Rudin Family holdings. “We believe they will benefit from 1675 Broadway’s outstanding views, state of the art connectivity, convenient access to transportation, and prime location steps from Times Square and Central Park.”
“We are very excited about relocating our office headquarters, just a couple of blocks from our current location in Midtown which will keep our many vibrant practice groups in the heart of Manhattan for years to come. Situated on the top floors of 1675 Broadway, the great views and efficient floor plates, coupled with the excellent amenities, a quality landlord we know and respect and central location in the heart of New York City was of the utmost importance when choosing a new location,” said Mark Maltz, Co-Chair of Davis & Gilbert’s Real Estate Practice.”
Davis & Gilbert was represented by Lewis Miller, Scott Gottlieb, Brian Gell and Michael Wellen of CBRE. Building ownership was represented by Robert Steinman, Senior Vice President at Rudin Management Company.
The new lease was negotiated in-house by Davis & Gilbert partners Robert A. Karin, Mark E. Maltz and Glenn E. Motelson. Rudin was represented by Pamela S. Leibow and Steven M. Fenton of Goldfarb & Fleece.
Davis & Gilbert’s arrival at 1675 Broadway is the latest in a series of new leases at the building. They include law firms Ballard Spahr and Roberts & Holland, as well as financial services firm Spielman Koenigsberg & Parker. Other major tenants at the property include global advertising and media company Publicis Groupe and fintech firm Bankrate Inc.
Built in 1989 by Jack and Lewis Rudin, the handsome green-gray Canadian granite office building at 1675 Broadway was constructed using the air rights over the adjacent Broadway Theatre. Designed by Fox and Fowle Architects and situated at the corner of Broadway and West 52nd Street, the building features an elegant Italian marble-clad lobby with vaulted ceilings, virtually 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. It is steps away from the 7thAvenue B/D/E and the 57th Street N/Q/R/W subway, which offers a direct connection to the Second Avenue subway.
According to Mr. Steinman, only three pre-built office suites on the 18th floor remain available for lease in the tower. The units, which range from 7,148 square feet to 12,921 square feet, feature brand- new workstations, conference rooms, private offices, pantry areas and phone rooms.
About The Rudin Family
Rudin Management Company is a full service real estate organization managing the interests of the Rudin Family, which owns and operates one of the largest privately held real estate portfolios in New York City. Among its real estate holdings, which includes the high-tech Dock 72 office tower at Brooklyn Navy Yard, are 17 commercial office buildings containing approximately 10.9 million square feet of space and 18 apartment buildings comprising over four million square feet of residences. For more information about Rudin Management Company, please visit the newly-redesigned Rudin website at https://www.rudin.com/.
