By Dan Geiger 12/13/11 9:39am

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

By Dana Rubinstein 12/10/08 12:37am

Asking Rents Agonistes

Maybe it’s too soon to declare the death of the Manhattan office-space asking rent. But, at the very least, the downward-spiraling economy and the lack of completed deals have rendered the asking rent—that symbol of landlord volition and market domination—an endangered species.

Where once a tenant broker could simply access CoStar to ascertain how Read More