The law firm of Pitney Hardin Kipp & Szuch LLP found their Manhattan commercial office space
Kane Dalsimer Kane (the predecessor to Pitney Hardin) was an original tenant in the Graybar Building for 50+ years, and their space was dark and antiquated.Once they determined that the look and feel of their offices was keeping them from realizing some of their objectives, KDK hired Norman Bobrow & Company to exclusively represent them in relocating. We moved them to the entire 20th floor of 711 Third Avenue, for an 11-year sublease. They then merged with Pitney Hardin Kipp & Szuch LLP, and hired us to dispose of the former Pitney Hardin space on 57th Street and to relocate the two merged firms to new headquarters.
In a difficult market we found two contiguous floors with a low loss factor, and a very reasonable landlord. We moved them to 685 Third Avenue, to 36,504 square feet. We secured them a use per office of approximately $1800 per office per attorney per month. This deal stood out with over $400 per office in savings compared to the next runner-up building.