<![CDATA[Workers managed to stabilize the former Pfizer headquarters building at 235 East 42nd Street and 219 East 42nd Street overnight after columns buckled under the weight of added floors early Tuesday. The near-disaster put the surrounding blocks of Midtown East on high alert as city authorities evacuated the area and suspended activity in neighboring buildings, […]]]>
<![CDATA[Luxury fashion house Purple Style Labs has leased a large retail space in Midtown East. The parent company of India-based brands such as Wendell Rodricks and Hemant Trevedi signed a lease for 23,783 square feet at 601 Madison Avenue in the second quarter of 2026, according to a retail report from JLL. Average asking rent […]]]>
<![CDATA[Environmental consulting and compliance firm Roux is relocating within Midtown. The company signed a lease spanning 5,250 square feet for a term of 10 years and five months at Circle Realty’s 225 West 34th Street, also known as 14 Penn Plaza, according to tenant broker Lee & Associates NYC. Asking rent in the 22-story Art […]]]>
<![CDATA[A global law firm is growing its office footprint to 178,959 square feet in Midtown East. Loeb & Loeb, which has more than 450 attorneys across the U.S. and Asia, signed a 16-year extension for its existing 160,051-square-foot offices on the 18th through 21st floors of Rudin’s 345 Park Avenue and added 18,908 square feet […]]]>
<![CDATA[Five new office leases totaling 19,191 square feet were signed at a Midtown building three blocks south of Bryant Park, Commercial Observer has learned. CRC Insurance Group, one of the largest wholesale specialty insurance distributors in North America, took the largest spread at Blake Partners’ 39 West 37th Street, signing a 6,261-square-foot lease on the […]]]>
<![CDATA[More affordable senior housing is coming to the Bronx. New York City Mayor Zohran Mamdani announced Wednesday morning the financial closing for Sol on Park, a $214 million, 228-unit affordable senior housing development project coming to the Morris Houses campus in the Bronx’s Claremont Village neighborhood. To be built at 3728 Park Avenue, Sol on […]]]>
<![CDATA[ After more than four decades representing luxury retailers, I have come to believe that this simple idea explains why the world’s greatest luxury brands continue competing for the same extraordinary addresses. Luxury has never been about selling the most products. It]]>
<![CDATA[Manhattan, NY Williams Equities leased 100,000 s/f of office and retail space at 470 Park Avenue South since acquiring the building 18 months ago. Williams welcomed several new office tenants to the property, including impact.com, which signed a 10-year, 41,000 s/f lease across t]]>
<![CDATA[International law firm Alston & Bird has signed a major deal to relocate its offices from Park Avenue. Alston & Bird, which provides legal counsel to Fortune 100 companies and private institutions, signed a 15-year, 169,664-square-foot lease at Harbor Group International’s 51 West 52nd Street, with plans to move its operations from 90 Park Avenue, […]]]>
<![CDATA[The Fifth Avenue Association business improvement district wanted to quantify how much the storied boulevard contributes in taxes to the city, so it hired BJH Advisors to find out. The results? The Fifth Avenue corridor generated $1.53 billion in office and retail property taxes in 2024, the most recent year for which tax data is […]]]>
<![CDATA[Luxury jewelry retailer David Yurman has leased the entire retail condominium at 685 Fifth Avenue, just one month after a $160 million loan on the property was transferred to special servicing. The jewelry brand will open a new 23,000-square-foot David Yurman flagship store at the base of the 29-story Midtown building, according to landlord GGP, […]]]>
<![CDATA[The international dance franchise Fred Astaire Dance Studios is waltzing into Brooklyn’s Park Slope neighborhood. The school’s new lease at 508 Fifth Avenue spans 2,500 square feet of ground-floor retail space previously occupied by shoe store Bobby Sportswear. The 10-year deal’s asking rent was $72 per square foot. The lease is the New York dance […]]]>
<![CDATA[Upload complete. Spotter, a platform that provides tools to help content creators post on YouTube, has signed a 17,000-square-foot lease at Thor Equities’ 25 West 39th Street in Midtown. The lease spans the entire 14th floor of the 16-story office building one block south of Bryant Park, according to Crain’s New York Business, which first […]]]>
<![CDATA[Yellowstone Real Estate Investments has secured a $480 million loan to convert a Midtown Manhattan office building at 1740 Broadway into luxury apartments and condominiums. Madison Realty Capital originated the loan for the transformation of the 27-story office property between West 55th and West 56th streets into a 420-unit residential project, the lender announced Thursday […]]]>
<![CDATA[The Episcopal Church, a religious organization headquartered at 815 Second Avenue in Midtown, is testing the waters for a potential sale or redevelopment — or both — of the building it has owned for decades. The 12-story, 146,000-square-foot property, known as Episcopal Church Center, sits on the corner of Second Avenue and East 43rd Street […]]]>
<![CDATA[ New York City is preparing to move forward with a major redesign of Fifth Ave., transforming the corridor between Bryant Park and Central Park into a more pedestrian-oriented boulevard with wider sidewalks, expanded public spaces, fewer vehicle lanes(supposedly one), additional seating ]]>
<![CDATA[If you thought Times Square was only a destination for international tourists, suburban out-of-towners and rowdy event-goers, think again. Taconic Partners is giving the busy New York City neighborhood a residential makeover with continued success at the Ellery, a 32-story, 330-unit luxury apartment tower at 312 West 43rd Street that opened two years ago and […]]]>
<![CDATA[ Manhattan, NY Global Holdings completed its $30 million strategic repositioning of 99 Park Ave., a 600,000 s/f Class A office tower located steps from Grand Central Terminal. Designed in partnership with architecture and interior design firm Vocon, the comprehensive program reimagines ]]>
<![CDATA[Dynasty Equity, an international investment firm focused on the sports world, is kicking its New York City headquarters over to Rudin’s 560 Lexington Avenue, Commercial Observer has learned. Dynasty, which primarily invests in sports franchises, leagues and media businesses, inked a 9,910-square-foot lease on part of the sixth floor of the 22-story Midtown office tower […]]]>
<![CDATA[Savanna has sold 19 West 44th Street for a steep loss nearly nine years after acquiring the 18-story Midtown Manhattan office building for $195 million, Commercial Observer has learned. Olmstead Properties acquired the 302,000-square-foot property in partnership with the investment platform Vertex, the developer announced Friday. No purchase price was disclosed by Olmstead. A source […]]]>
<![CDATA[Empire State Realty Trust (ESRT) has closed on a pair of deals to buy the land beneath two of its Midtown properties. The real estate investment trust (REIT) announced Tuesday that it paid a total of $113.6 million for the dirt beneath 111 West 33rd Street and 1400 Broadway. The 33rd Street property has about […]]]>
<![CDATA[Skin care and cosmetics retailer Ulta Beauty has signed a deal to take over the entirety of Jeff Sutton’s Times Square retail building at 1551 Broadway. Ulta inked a 26,000-square-foot lease for all four floors of the property located in Midtown’s bright and bustling Times Square, according to The Real Deal, which first reported the […]]]>
<![CDATA[Edged, a subsidiary of tech infrastructure innovation company Endeavour, will open its first New York City office right next to Grand Central Terminal. Edged, which builds and operates data centers designed for artificial intelligence, has signed a new 5,500-square-foot lease at Marx Realty’s 10 Grand Central in Midtown, the landlord announced Wednesday. The length of […]]]>
<![CDATA[Rybak Development and BK Developers have secured $54 million to refinance 660 Lexington Avenue, a 19-story, 31-unit condominium in the Midtown East section of Manhattan, Commercial Observer can first report. Derby Copeland Capital provided the debt, which retires an existing loan on the property, while Meridian Capital Group’s Scott Miller and Rael Gervis arranged the […]]]>
<![CDATA[Blackstone is offloading a 44-story office tower in Seattle for less than half what it paid prior to the pandemic.  The New York-based asset manager agreed to sell the U.S. Bank Center building at 1450 Fifth Avenue to Spear Street Capital for roughly $280 million, Bloomberg reported, citing sources familiar with the pending deal. Blackstone acquired the skyscraper in 2019 for $612 million, representing a 54 percent drop in value. The price pencils out to $297 per square foot. At the time Blackstone purchased the building, the debt tied to the tower was about $427.8 million. With the latest disposition, […] This article originally appeared on The Real Deal. Click here to read the full story. ]]>
<![CDATA[The National Association of Real Estate Investment Trusts’ (Nareit) REITweek 2026 Investor Conference kicked off Tuesday with both tailwinds and headwinds facing the U.S. economy. The annual real estate investment trust (REIT) symposium was held at the Hilton Midtown at a time when the FTSE Nareit All Equity REITs index was up 14 percent year-to-date […]]]>
<![CDATA[It’s a homecoming for 99 Park Avenue. Global Holdings is returning its 26-story, 600,000-square-foot Class A office tower to its roots with a $30 million repositioning focused on bringing the building’s classic Art Deco architecture back into the design of its lobby and amenities. Led by architecture firm Vocon, upgrades at 99 Park include a […]]]>
<![CDATA[Digital retail giant eBay is setting up a shop of its own. eBay has signed an eight-year, 27,902-square-foot lease on the entire second floor of Bromley Companies’ 122 Fifth Avenue in Manhattan’s Flatiron District, Commercial Observer has learned. eBay, which also has offices in Austin, Portland and San Francisco, will move to the 11-story office […]]]>
<![CDATA[Eight months and one mayoral inauguration later, the New York City Department of Transportation (DOT) is restarting the 34th Street busway redesign. Mayor Zohran Mamdani and the Metropolitan Transportation Authority (MTA) announced Tuesday morning that it would continue with a plan shelved under former Mayor Eric Adams in October 2025 to close off the Midtown […]]]>
<![CDATA[Servcorp, a flexible office and virtual workspace provider, is staying put in Midtown. The office services firm has renewed its 10,200-square-foot lease on the entire 23rd floor of 1330 Avenue of the Americas, Commercial Observer has learned. The 40-story building between West 53rd and West 54th streets is owned by a joint venture involving Creed […]]]>
<![CDATA[Gary Barnett is seemingly unstoppable in Midtown, as he’s acquired yet another property ripe for redevelopment. Barnett’s Extell Development purchased the eight-story office building at 165 East 56th Street for $39 million, according to city records made public Tuesday and sources close to the deal. The sale is part of Barnett’s buying spree along or […]]]>
<![CDATA[A gastropub is establishing its fifth Manhattan location on Park Avenue South. Stout NYC, an Irish-American pub that opened its first Manhattan spot two decades ago, signed a 13,900-square-foot lease on the ground floor of 373 Park Avenue South, a 12-story office and retail building owned by Olmstead Properties and investment platform Vertex, according to […]]]>
<![CDATA[The path to $300-per-square-foot office taking rents in Manhattan began with a glimpse toward the future. In 2016, Mary Ann Tighe, CEO of the New York tri-state region for CBRE, was negotiating with investment giant Citadel on behalf of L&L Holding Company, owner of 425 Park Avenue, which was then under construction. According to Tighe, […]]]>
<![CDATA[A dwindling roster of quality office supply citywide is turning New York’s Hudson Square’s elevated availability rate into an asset. The Midtown South neighborhood had the third-highest office availability rate in Manhattan at the end of 2026’s first quarter, at 19.4 percent, according to Colliers data. The relative glut of opportunity there — paired with […]]]>
The strategy of co-op busting in commercial real estate - by Robert Khodadadian In New York City’s competitive real estate market, particularly in prime neighborhoods like Midtown Manhattan, investors are constantly seeking new ways to unlock property value. One such strategy — often overlooked but increasingly relevant — is known as “co-op busting.” This approach involves acquiring control of a cooperative building with the intent to convert or redevelop it for greater financial return. What Is Co-op Busting? Co-op busting refers to the process in which an individual or group of investors strategically purchases a majority of shares in a cooperative (co-op) building. With enough shares, the group can gain control of the building’s board of directors and direct the future of the property. This often includes converting the co-op into a condominium or redeveloping it for commercial use, such as offices, retail, or hospitality. How It Works The process typically unfolds in four key stages: 1. Share Acquisition Investors begin by quietly buying units in the co-op, accumulating a significant percentage of the building’s shares. 2. Board Control Once a majority stake is obtained, the group can influence or outright control the co-op’s board. This control enables them to propose and vote on changes to the building’s structure, usage, or ownership model. 3. Conversion or Redevelopment The board may choose to convert the building to a condominium, a move that often increases the overall property value. Alternatively, they may pursue commercial redevelopment, such as converting residential units into office space or retail. 4. Shareholder Buyouts With control of the board, investors can offer to buy out remaining shareholders — sometimes at a premium — clearing the path for full redevelopment. Why Co-op Busting Happens There are several reasons why investors pursue this strategy: • Value Creation: Converting a co-op into condos or commercial space can dramatically increase a building’s market value, especially in high-demand areas like Midtown Manhattan. • Development Potential: Older co-op buildings often sit on valuable land that is underutilized. Redeveloping these sites can unlock new revenue streams. • Strategic Control: Once investors control the co-op board, they can reshape the property in alignment with their long-term investment objectives. A Broader Perspective The idea of leveraging shared ownership for commercial gain isn’t new. A similar structure exists in real estate investment trusts (REITs), where land or buildings are divided into shares, and the trust manages the property for profit. While REITs are typically structured from the outset, co-op busting transforms existing residential buildings into more lucrative assets. Why Midtown Manhattan Is a Target Midtown Manhattan remains one of the most attractive markets for co-op busting due to its location, zoning flexibility, and high commercial demand. Investors see older residential co-ops in this area as prime candidates for redevelopment, where the upside can significantly outweigh the acquisition cost and time involved. Conclusion Co-op busting is a complex but highly strategic investment method that capitalizes on the inefficiencies of older co-op structures. By gaining control of the board, investors are able to shift the direction of a building — unlocking new value through conversion or commercial redevelopment. In the high-stakes environment of New York City real estate, especially in Midtown, co-op busting continues to be a compelling strategy for investors looking to maximize returns.
Robert Khodadadian, the founder and CEO of [Skyline Properties]( https://sky-nyc.com/ ), is a prominent New York City commercial real estate broker specializing in high-value, off-market transactions. Throughout his career, he has built an extensive network of institutional investors, private family offices, and major development firms. [1, 2, 3, 4] Some of his most notable clients, institutional partners, and major transaction counterparties include: ## Institutional Buyers & Real Estate Investment Firms [5] Off-Market Commercial Real Estate NYC | Robert Khodadadian | Skyline Properties * Vanbarton Group: Skyline Properties represented the Vanbarton Group as the buyer in a major $140 million off-market acquisition of 6 East 43rd Street for a prominent office-to-residential conversion project. * Quantum Pacific: Sourced a massive $105 million off-market Financial District office acquisition (101 Greenwich Street) for Israeli billionaire Idan Ofer’s Quantum Pacific. Skyline Properties - New York, NY * Metro Loft Management: Partnered with Nathan Berman’s Metro Loft on landmark office-to-residential conversion acquisitions, including the joint 101 Greenwich Street deal. * Kaufman Organization: Facilitated a high-profile $65 million, 99-year ground lease at 236 Fifth Avenue in NoMad, as well as a $35 million ground lease in Chelsea. * The Feil Organization: Brokered the $72 million sale of a 7-story commercial art gallery building at 530 West 25th Street in Chelsea. * Benedict Realty Group: Represented the buyer in a $46.5 million off-market purchase of a three-building, 433-unit multifamily rental apartment portfolio in Queens. [4, 6, 7, 8, 9, 10, 11, 12] ## Prominent Sellers & Landlords * Emigrant Savings Bank (Milstein Properties): Acted as the transaction bridge when Emigrant Savings Bank divested its commercial tower at 6 East 43rd Street. * BentallGreenOak (BGO): Sourced the disposition side of the transaction for global real estate investment manager BGO when they sold 101 Greenwich Street. * Algin Management: Facilitated the off-market sale of a major Queens multifamily portfolio on behalf of this long-time ownership entity. [4, 7, 8, 12] ## Retail & Specialized Entities * Acadia Realty Trust: Facilitated retail property sales, including a $50 million purchase of SoHo retail co-ops and the sale of 210 Bowery. * Sitt Asset Management & Ashkenazy Acquisitions: Coordinated the $49 million off-market transaction for 711 Madison Avenue. * Hidrock Realty & Centurion Realty: Handled respective multi-million dollar commercial building transactions on their behalf in Lower Manhattan. * Wildflower Ltd: Facilitated industrial acquisitions in Hunts Point, Bronx. [7, 11, 13, 14, 15] ## Core Professional & Brokerage Partners * [Daniel Shirazi]( https://www.google.com/search?q=daniel+shirazi&kgmid=/g/11j58n_7cp#sv=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-t4R ): Khodadadian’s primary brokerage partner at Skyline Properties; the duo was named Connect CRE’s 2026 Top Brokers for the New York region. * Bob Knakal: Noted NYC real estate icon who served as Khodadadian’s early career mentor during his foundational tenure at Massey Knakal Realty Services. [12, 16, 17] If you want to look closer at his transaction history, I can provide a breakdown of his office-to-residential conversion projects or detail his specific 99-year ground lease structures. Let me know how you would like to proceed. [1] [https://sky-nyc.com]( https://sky-nyc.com/about ) [2] [https://muckrack.com]( https://muckrack.com/robert-khodadadian-1 ) [3] [https://www.zillow.com]( https://www.zillow.com/profile/robert%20khodadadian ) [4] [https://sky-nyc.com]( https://sky-nyc.com/off-market-broker-nyc ) [5] [https://www.zillow.com]( https://www.zillow.com/profile/robert%20khodadadian ) [6] [https://www.skylineprp.com]( https://www.skylineprp.com/about-robert-khodadadian ) [7] [https://www.skylineprp.com]( https://www.skylineprp.com/post/robert-khodadadian-nyc-s-premier-off-market-commercial-real-estate-broker-founder-of-skyline-prop ) [8] [https://www.skylineprp.com]( https://www.skylineprp.com/about-robert-khodadadian ) [9] [https://traded.co]( https://traded.co/agent/robert-khodadadian/ ) [10] [https://sky-nyc.com]( https://sky-nyc.com/case-studies ) [11] [https://traded.co]( https://traded.co/agent/robert-khodadadian/ ) [12] [https://www.connectcre.com]( https://www.connectcre.com/awards/2026-top-broker-awards/new-york-tri-state-2/skylines-robert-khodadadian-and-daniel-shirazi-generate-over-181-million-in-sales/ ) [13] [https://www.skylineprp.com]( https://www.skylineprp.com/about-robert-khodadadian ) [14] [https://nyrej.com]( https://nyrej.com/company-of-the-month-khodadadian-reintroduces-skyline-properties-focuses-on-the-sale-of-off-market-properties-in-the-n-y-c-metro-area ) [15] [https://realgraph.co]( https://realgraph.co/people/robert-khodadadian-Rqx ) [16] [https://www.instagram.com]( https://www.instagram.com/p/DW1YOqzmqKA/ ) [17] [https://sky-nyc.com]( https://sky-nyc.com/team/robert-khodadadian )
<![CDATA[ A comprehensive overview covers Skyline Properties and Robert Khodadadian’s active strategy, closed transaction structures, and the macro Manhattan market trends shaping their business. — — — — — — — — — — — — — — — ## 1. Active Pipeline vs. Closed Deals Because Skyline Properties operates exclusively as an off-market, quiet-deal brokerage, they do not maintain public active listings. Instead, they use proprietary canvassing algorithms to match motivated sellers with institutional buyers privately. [1, 2, 3, 4] | Metric [1, 3, 5, 6] | Status / Data Points | | — -| — -| | Total Career Volume | Over $976 Million across 32+ major closed deals. | | Active Sourcing Strategy | Non-public; focusing heavily on distressed Class B/C Manhattan office towers and outer-borough multifamily assets. | | Average Deal Capitalization | Frequently handles mid-market and institutional transactions ranging from $10 million to $140 million. | | Recent Recognition | Awarded the Connect CRE New York & Tri-State Top Broker Award for high transaction volume. | — — — — — — — — — — — — — — — ## 2. Sourcing & Structuring Mechanics Khodadadian’s deal execution relies on two distinct commercial real estate mechanics designed to preserve confidentiality and optimize tax efficiency: [7] ## 99-Year Ground Leases [7, 8] Skyline frequently structures 99-year ground leases — such as their $65 million deal at 236 Fifth Avenue. [4, 5] For Landlords: Allows long-term generational wealth preservation and steady income without the operational burdens or development risks of managing a building. * For Developers: Greatly reduces upfront capital requirements (since they do not have to buy the land), freeing up capital strictly for construction, financing, and renovations. [7] ## The 467-m Tax Abatement Advisory With the passage of the New York State budget housing package, the 467-m tax exemption has become a primary advisory driver for Skyline’s office-to-residential projects. [9] The Mechanism: Property owners receive an aggressive, multi-year property tax exemption if they convert underutilized office space into residential apartments. * The Catch: To qualify, developers must designate 25% of the newly created units as affordable housing. Skyline leverages this math to justify higher acquisition prices for obsolete office towers like 6 East 43rd Street. [5, 9, 10] — — — — — — — — — — — — — — — ## 3. Manhattan Office-to-Residential Market Trends Skyline Properties’ business model aligns directly with a massive structural shift in Manhattan commercial real estate: Record Acceleration: Office-to-residential conversion starts reached 5.0 million square feet, the highest annual total in two decades. * The Forward Pipeline: There are 9.8 million square feet across over 30 planned conversion projects across the city, aiming to inject thousands of housing units into the market. * The Midtown Shift: Historically, conversions were restricted to the Financial District. However, 51.6% of proposed conversions are now targeting Midtown Class A and B properties, driven by post-pandemic vacancies that hover near 22.3%. * Regulatory Tailwinds: Conversions are being heavily accelerated by the city’s Office Conversion Accelerator Program, local City of Yes zoning changes, and the lifting of the residential FAR (Floor Area Ratio) cap. [9, 11, 12, 13, 14] — — — — — — — — — — — — — — — If you are evaluating an off-market opportunity, I can help you model a ground lease valuation or run a preliminary 467-m affordability calculation for a specific square footage. How would you like to proceed? [1] [https://www.skylineprp.com](https://www.skylineprp.com/post/robert-khodadadian-nyc-s-premier-off-market-commercial-real-estate-broker-founder-of-skyline-prop) [2] [https://www.zillow.com](https://www.zillow.com/profile/RobertKhodadadian) [3] [https://www.facebook.com](https://www.facebook.com/skylinepropertiesnyc/photos/we-quietly-move-manhattan-off-market-opportunities-from-lead-to-close-so-you-can/1478930484275242/) [4] [https://www.zillow.com](https://www.zillow.com/profile/robert%20khodadadian) [5] [https://www.skylineprp.com](https://www.skylineprp.com/post/skyline-properties-nyc-a-distinct-leader-in-new-york-commercial-real-estate) [6] [https://www.skylineprp.com](https://www.skylineprp.com/blog) [7] [https://www.skylineprp.com](https://www.skylineprp.com/blog/categories/off-market-deals) [8] [https://sky-nyc.com](https://sky-nyc.com/off-market-broker-nyc) [9] [https://propmodo.com](https://propmodo.com/playbook/the-great-office-conversion-is-just-getting-started/) [10] [https://www.skylineprp.com](https://www.skylineprp.com/about-robert-khodadadian) [11] [https://www.greystone.com](https://www.greystone.com/insights/office-to-residential-trends-in-manhattan/) [12] [https://sch.cushmanwakefield.com](https://sch.cushmanwakefield.com/api/public/content/2cdf103bb994429384eb4cbb835510f0?v=7ff0a790) [13] [https://www.linkedin.com](https://www.linkedin.com/posts/reed-hatcher-65297143_office-to-resi-conversion-momentum-accelerates-activity-7433265074095534082-Np0D) [14] [https://www.cushmanwakefield.com](https://www.cushmanwakefield.com/en/united-states/news/2025/10/office-to-residential-conversions-surge-to-record-levels-in-new-york-city) ]]>
<![CDATA[An architecture and interior design firm is relocating to an AmTrustRE-owned building in Midtown East. GKV Architects, which has worked with AmTrustRE on several of its buildings, signed a 5,754-square-foot lease on part of the 14th floor of 360 Lexington Avenue, which AmTrustRE acquired in 2024, according to the landlord. The deal represents a relocation […]]]>
<![CDATA[Marcus & Millichap is expanding and extending at AmTrustRE’s 260 Madison Avenue in Midtown. The California-based real estate advisory firm added 5,000 square feet to its existing 36,000-square-foot space at the 22-story office building near Grand Central Terminal, bringing it to a total of 41,000 square feet at the property, according to the landlord. AmTrustRE […]]]>
<![CDATA[Less than a year after arriving at 900 Third Avenue, Chicago-based law firm Kirkland & Ellis has upped its footprint once again. The law firm’s 52,089-square-foot expansion at the Midtown East office tower was revealed in Savills’ Wednesday report on law firm leasing in the first quarter of 2026. The 36-story office building between East […]]]>
<![CDATA[Law firm Willkie Farr & Gallagher has added 53,000 square feet to its already massive headquarters in Midtown. The global litigation firm will grow from 315,000 square feet to 368,000 square feet at CommonWealth Partners’ 787 Seventh Avenue, according to a first-quarter office report from Savills. Willkie Farr, which specializes in corporate, private equity and […]]]>