Silverstein Properties, one of New York City’s leading real estate development and management companies, today announced that Kelley Drye & Warren LLP, a leading law firm, has signed a 15-year, 103,000 square foot office lease at 3 World Trade Center.
Currently located at 101 Park Avenue, the firm will move to the 66th
floors of the new tower in 2020. Kelley Drye will be the first law firm in the building, where it will join tenants including GroupM, Diageo, Better.com, Casper, IEX and Hudson River Trading. The building opened in June 2018.
“3 World Trade Center is one of the most advanced, high tech and sustainable office buildings in the country, said Larry Silverstein, Chairman, Silverstein Properties. “And it just happens to be located in the heart of the hottest neighborhood in the city. I’m delighted to welcome Kelley Drye to our new building, and look forward to the firm’s growth and prosperity here.”
Founded in 1836, with nine offices across the United States and Belgium, Kelley Drye is home to skilled practitioners in the areas of litigation, trade, regulatory, government relations, real estate, corporate, bankruptcy and more.
“As our firm looks to the future, we wanted office space that mirrors our commitment to innovation and growth,” said Jim Carr
, Chair of Kelley Drye. “3 WTC is a state-of-the art building that will allow us to serve our clients in a transformational new space and provide a quality work environment for our employees. As Kelley Drye moves into its next chapter, we look forward to joining many of our clients and other companies in this historic and dynamic New York City neighborhood.”
Jeremy Moss, Executive Vice President of Silverstein Properties, and Camille McGratty, Vice President of Leasing at Silverstein Properties, led negotiations on behalf of the landlord, alongside a CBRE team consisting of Mary Ann Tighe, Ken Meyerson, Adam Foster, Evan Haskell, Steve Eynon, David Caperna and Rob Hill. Bob Bickford
led the negotiations on behalf of Kelley Drye, which was represented by Patrick Heeg and Ryan McKinney of Transwestern.
“With private sector employment numbers in Lower Manhattan at an all-time high, the World Trade Center continues to play a leading role in accommodating this growth,” said Jeremy Moss, Executive Vice President of Silverstein Properties. “The World Trade Center offers all types of companies flexible space, incredible views, direct access to transit, and the ability to attract exceptional talent from all over the city.”
For more information about 3 World Trade Center and available leasing opportunities, please visit www.3wtc.com
About Kelley Drye & Warren LLP
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Founded in 1836, Kelley Drye & Warren LLP is home to skilled practitioners in the areas of litigation, trade, regulatory, government relations, real estate, corporate and more. A powerhouse firm with the heart of a boutique, the firm’s attorneys provide legal counsel carefully connected to their client’s business strategies. Among the firm’s recent recognitions: Law360
International Trade Group of the Year; Law360
Consumer Protection Practice Group of the Year; one of “America’s Best Law Firms” by U.S. News & World Report
Best Law Firms – “Tier 1” national ranking in Communications Law, Environmental Litigation, Trusts & Estates Law, and Real Estate. www.kelleydrye.com
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About Silverstein Properties
Silverstein Properties is a privately held, full-service real estate development, investment and management firm based in New York. Founded in 1957 by Chairman Larry Silverstein, the company has developed, owned and managed more than 40 million square feet of commercial, residential, retail and hotel space. Recent projects include 7 World Trade Center, the first LEED-certified office tower in New York City (2006), 4 World Trade Center (2013), Four Seasons Walt Disney Resort (2014), the Four Seasons Downtown (2016), One West End (2017) and 3 World Trade Center (2018). For further information on Silverstein Properties, please visit http://www.silversteinproperties.com
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