Law firm Fenwick & West, LLP has significantly expanded its New York City office space, signing an 11-year lease extension and expansion at 902 Broadway. The firm will now occupy a total of 72,800 square feet, adding a fourth floor to its existing three-floor presence.
Key Takeaways
- Fenwick & West has extended its lease and added 18,200 square feet at 902 Broadway.
- The firm’s total office space now amounts to 72,800 square feet.
- The expansion is driven by the firm’s continued growth in New York City.
- The new lease term is for 11 years.
Expansion Driven by Growth
The decision by Fenwick & West to increase its office footprint stems directly from the firm’s ongoing expansion and growing presence within New York City. The additional 18,200 square feet will accommodate the firm’s evolving needs.
Lease Details and Representation
The new agreement includes an 11-year term, encompassing both an extension of the existing lease and the addition of a fourth floor. This strategic move increases the firm’s total occupied space from 54,600 rentable square feet to 72,800 square feet. Koeppel Rosen LLC, represented by Director of leasing Max P. Koeppel, represented the ownership of 902 Broadway. The tenant, Fenwick & West, was represented by David M. Kleinhandler and Ken Rapp of CBRE.
A Premier Location
Max P. Koeppel of Koeppel Rosen expressed enthusiasm about Fenwick & West’s decision to deepen its commitment to the building. He highlighted that 902 Broadway continues to attract law firms and professional organizations seeking prime locations, efficient layouts, and a high-quality work environment. The building’s appeal is further solidified by its premier location and the workplace experience it offers.