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Davis & Gilbert's Mark Maltz Leads Ogilvy And Mather And Grey Global Group In Two Of Manhattan’s Largest Commercial Leases In 2007

NEW YORK, January 16, 2008 — Davis & Gilbert partner, Mark E. Maltz, and associate Golda Poretsky recently handled two of the largest leasing transactions in New York City in 2007 on behalf of the tenants.  Long-time clients of Davis & Gilbert, Ogilvy and Mather and Grey Global Group, recently consummated leases in connection with their worldwide office headquarters' move scheduled for mid-2009.

Grey will be moving into approximately 350,000 square feet at 200 Fifth Avenue and Ogilvy & Mather will be moving into the entire building located at 636 Eleventh Avenue. 

These recent transactions indicate that a central midtown Manhattan address is not essential for business success.  Tenants, such as Grey and Ogilvy & Mather, can find unique amenities and branding opportunities at buildings in other locations without being too far removed from the center. 

Mark Maltz is a senior real estate partner at Davis & Gilbert, handling all types of real estate transactions on behalf of institutions, developers, real estate investment trusts, and a wide variety of corporations. He is widely known in local and national real estate circles as a top tier commercial office leasing expert.  Through the years Mark has represented owners and tenants in many high profile leasing transactions, including:  For owners:  Guardian Life at 7 Hanover Square, UBS at 1285 Avenue of the Americas, PriceWaterhouse at 1177 Avenue of the Americas.  For tenants:  Mastercard at 1325 Avenue of the Americas, J. Walter Thompson at 237 Park Avenue, Bates Advertising at 498 Seventh Avenue, Donna Karan at 240 West 40th Street, J. Walter Thompson and Ogilvy & Mather at Merchandise Mart, Chicago, and now Grey Global at 200 Fifth Avenue and Ogilvy & Mather at 636 Eleventh Avenue.

Golda Poretsky is an associate in Davis & Gilbert’s real estate department, handling leasing transactions on behalf of landlords and tenants.

About Davis & Gilbert LLP

Since structuring the deal for the first radio soap opera, Davis & Gilbert has been synonymous with marketing communications and business law.  Today the firm serves as advertising, regulatory and intellectual property counsel to many major corporations, including some of the world's leading brands.  Davis & Gilbert counts the largest advertising agency holding companies among its clients and provides services on a worldwide basis.  The firm holds the preeminent position in this dynamic segment, handling virtually every legal requirement – from corporate governance, litigation, mergers and acquisitions, employment practices and executive benefits and compensation – to new media, real estate, taxation, estate planning and more.