10/07/08

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Law firm could lease at Vornado's bus station tower

Vornado's bus terminal tower

The law firm Paul, Weiss, Rifkind, Wharton & Garrison could lease more than one-third of the tower that Vornado Realty Trust plans atop the Port Authority bus station. The firm is in negotiations to take 500,000 square feet at the 42-story building, after its lease for 400,000 square feet at 1285 Avenue of the Americas expires in 2011. The move would be part of a westward shift of law firms, as Proskauer, Rose and Gibson, Dunn & Crutcher have reportedly reserved space at Boston Properties' planned 39-story tower on 55th Street, between Broadway and Eighth Avenue. At the New York Times building at 620 Eighth Avenue, Seyfarth Shaw, Goodwin Procter, Covington & Burling, and Osler, Hoskin & Harcourt have taken space. 

More at: [NYO]