NEW YORK | 250 Park Ave | FT | FLOORS

[ChiND]

Originally Posted by Busy Bee

Please explain cuz I'm not googling any of that.

S&C bought 125 Broad, which as you probably know, is a lousy building in a terrible location. They probably have the worst offices of any elite, NY firm.

The legendary John Foster Dulles, who was a Secretary of State, was the Managing Partner of S&C. He would have deplored the firm’s decision to buy that eyesore.

[Busy Bee]

Ah, got it

[NYguy]

This isn’t exactly shocking, but a piece of good news for east Midtown…


https://therealdeal.com/new-york/202...aturity-looms/

Bloomberg extends lease at 731 Lexington to 2040
Media organization occupies all 947K sf of office at Vornado-run tower


AY 6, 2024
By Holden Walter-Warner

The sole office tenant at Bloomberg Tower in Midtown East isn’t going anywhere for a long time.…..

The lease ensures Michael Bloomberg’s company will continue to occupy 947,000 square feet at the 1.3 million-square-foot property, which houses the firm’s headquarters. Most of the company’s 12,000 New York employees work there.

[Crawford]

Sullivan & Cromwell really should move to Midtown. The location makes no sense in 2024. I know they do lots of work with Goldman Sachs, but that's hardly their only client, and they can keep a satellite office downtown.

It would be nice if S&C anchors a new tower in Midtown.

[ChiND]

Originally Posted by Crawford

Sullivan & Cromwell really should move to Midtown. The location makes no sense in 2024. I know they do lots of work with Goldman Sachs, but that's hardly their only client, and they can keep a satellite office downtown.

It would be nice if S&C anchors a new tower in Midtown.

I agree. Even if they leased 400k sf in a new Midtown tower, they could still keep lots of people in that depressing tower that they own in no man’s land. That office is an embarrassment.

They’d be a great candidate for 175 Park since they could move whenever they want to from 125 Broad.

[ChiND]

Originally Posted by Crawford

Sullivan & Cromwell really should move to Midtown. The location makes no sense in 2024. I know they do lots of work with Goldman Sachs, but that's hardly their only client, and they can keep a satellite office downtown.

It would be nice if S&C anchors a new tower in Midtown.

For a firm with such sky-high profits per partner, S&C’s offices are an utter embarrassment. That building is worthy of a twenty lawyer insurance defense firm.

https://en.m.wikipedia.org/wiki/List...ts_per_partner