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Davis & Gilbert Maintains its Strong Leasing Presence in New York's Real Estate Market

New York, March 3, 2010 - Davis & Gilbert was responsible for nine of Manhattan's largest office leasing transactions (based on square footage), including four transactions in the top ten, for 2009.

As detailed in a report released by Crain's New York Business, these transactions, with their respective rankings and tenants, include:

Rank

Address

Square Footage

Tenant

3

1230 Sixth Avenue

292,391

Simon & Schuster Inc.

4

40 Worth Street

265,083

Gap Inc.

5

200 Park Avenue

261,847

Gibson Dunn & Crutcher

7

650 Madison Avenue

241,911

Polo Ralph Lauren Corp.

18

1271 Sixth Avenue

165,794

Lehman Brothers Holdings Inc.

26

200 Park Avenue

125,771

CBRE

32

200 Varick Street

114,865

Omnicom Group Inc.

34

717 Fifth Avenue

113,498

Merrill Lynch

42

300 Park Avenue

105,000

Greenhill & Co.

 

Donald E. Sonnenborn represented landlord Tishman Speyer on the third and fifth largest transactions, Simon & Schuster Inc. and Gibson Dunn & Crutcher as well as the Greenhill & Co. lease.  Jeffrey A. Moross was the lead, with assistance from Yossi Subar, in the fourth largest deal representing tenant, Gap Inc., as well as the seventh largest lease, representing Polo Ralph Lauren Corp.  Gerald Uram, Real Estate Practice Chair, served as counsel to Lehman Brothers Holdings Inc., and Glenn E. Motelson represented Tishman Speyer on the CBRE lease.  Additionally, John P. Seligman represented Omnicom Group Inc. and Robert Karin represented Merrill Lynch.

Davis & Gilbert's role in many of Manhattan's largest leasing deals and its flair for negotiating leases for key New York locations has earned the Real Estate Practice Group a number three ranking in the category Real Estate: Mainly Dirt from Chambers USA 2009.  For three consecutive years, Davis & Gilbert's Real Estate Practice has been recognized by Chambers and has been commended for having established a superb office and retail leasing practice.

About Davis & Gilbert LLP

Davis & Gilbert LLP is widely regarded as the #1 marketing communications law firm in the world. In addition to the real estate practice, the firm has practice areas focusing on middle market M&A, financial services, litigation, labor & employment, hospitality, intellectual property, and private client services. The firm represents the world’s leading advertising, marketing, digital, technology and media services companies, as well as many of the top global brand marketers. Our strong sense of identity and culture, as well as our independence, has allowed us to continue to provide the highest level of service within our areas of strategic focus.

For additional information on Davis & Gilbert's Real Estate Practice, please contact:

Gerald R. Uram, Chair
212.468.4815
guram@dglaw.com