While I’m not looking to take business from the mouths of the real estate bar, let’s face it: if you’re serious about being a player in this real estate game, there’s a fundamental body of law you must be familiar with. And the court’s interpretation and reinterpretation of that “corpus juris” is what requires us to visit important cases from time to time.
Over the next several months, The Commercial Observer will be reviewing 10 of the most significant leasing cases in ascending order of importance.
In one of the biggest law firm deals this year in New York, intellectual property specialists Kilpatrick Townsend & Stockton has taken 45,000 square feet at the Grace Building at 1114 Avenue of the Americas.
The deal, which comes six months after Kilpatrick Stockton merged with Townsend and Townsend and Crew, allows the legal practice to now double its size from its current 22,500 square feet at 31 West 52nd Street, brokers said. At the 49-story, Brookfield Office Properties-co-owned Grace Building, the firm will occupy the entire 21st floor and a portion of the 22nd.