Crain’s is reporting that the law firm Seyfarth Shaw has signed the first lease in the Renzo Piano-designed headquarters of the New York Times, currently being built at 620 Eighth Avenue.
“We have a number of other leases out, but Seyfarth Shaw is the first to cross the finish line,” said Forest City Ratner Cos. President Bruce Ratner, in a statement.
Forest City Ratner, which owns floors 29 through 52 with its financial partner ING Real Estate, expects it will be open for occupancy by the second quarter of 2007. The New York Times owns floors 2 though 28.
The company’s 17-year lease is for floors 31 through 33.
– Michael Calderone
