lease beat

The Practical Law Company moves to 747 Third Avenue

Online Legal Publisher Doubles Size on Third Avenue

Legal know-how online publisher The Practical Law Company re-upped its lease – and doubled its square footage – at 747 Third Avenue for an additional 10 years, the company announced yesterday. It will occupy three-and-a-half floors at a combined 32,791 square feet of space.

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lease beat

Law Firm Signs at Silverstein's Sixth Avenue Digs

Not long ago Drinker, Biddle and Reath made a bold move to pay its first-year associates smaller salaries so the firm could offer better training for them. The young’uns seem to have flourished, as the Philadelphia-based law firm is moving into bigger space at Silverstein Properties1177 Sixth Avenue.

The 15,375-square-foot deal for 10 years, Read More

Another Optimistic Market Report for Tenants (Another Depressing One for Landlords)

"The worm has finally turned, and quickly," reads tenant rep CresaPartners’s second quarter market report, released yesterday evening.

"The statistics show that the market was relatively flat in the second quarter of 2008, despite some increases in available space and reduced leasing activity, but regular announcements of layoffs on Wall Street are sapping the confidence Read More