lease beat

1 Chase Manhattan Plaza. (Courtesy Property Shark)

EXCLUSIVE: In a Reversal, Law Firm Milbank Tweed Considers a Renewal

The law firm Milbank Tweed, Hadley & McCloy LLP is negotiating to renew its lease at the downtown office building 1 Chase Manhattan Plaza, sources said.

The firm occupies 375,000 square feet on several floors at the property, which is owned by the bank JP Morgan Chase. Rents in the deal were not available by press time. The lease is a change in plans for the company. Read More

lease beat

Looking very presidential at 570 Lexington Avenue.

Roosevelt Institute Consolidates on Lex

The Roosevelt Institute, which promotes the “legacy, values and spirit” of the nation’s 32nd president and his wife, took 10,400 feet at the building previously known as the RCA Victor building, The Feil Organization’s 50-floor asset at 570 Lexington Avenue. Read More

office space

Wells Fargo Isn’t the Only One Getting Bumped

When Bloomberg sailed into Wells Fargo’s chosen space at 120 Park Avenue, industry insiders were shaken by the switch. Now Crain’s reports that even Wells Fargo thought they had the space nailed:

“A few weeks ago, [senior vice president John] Saclarides got a call from the landlord telling him that the bank was being bumped Read More