Tribeca Investment Group, PGIM Real Estate, and Meadow Partners have announced a lease agreement with global litigation firm Quinn Emanuel Urquhart & Sullivan, LLP for a 132,000-square-foot space at the fully renovated 295 Fifth Avenue in Midtown South, Manhattan. This relocation marks one of the largest relocations of 2023 in the surrounding area and reflects a trend of traditional industries filling the leasing gap left by technology firms in the neighborhood. CBRE helped facilitate the transaction on behalf of ownership and represented Quinn in the leasing agreement.
Originally constructed in 1920, 295 Fifth Avenue was known for housing NYC textile tenants and was considered at the time of its construction a marvel of modern-day engineering. Studios Architecture led the comprehensive $350 million redesign, which completed in April 2023. The redesign included a two-story penthouse addition, infrastructure upgrades, and design tailored to offer flexible work areas and collaboration zones. The lobby, redesigned by Studio MAI, creates a hospitable office environment with a café, library, and garden backdrop.
“We are very excited to move into 295 Fifth, a stunning redevelopment of a historic building in the flourishing Nomad neighborhood that has long been our professional home,” said Andrew Rossman and Jennifer Barrett, co-managing partners of Quinn Emanuel’s New York office. “As the growth and success of our firm continues to accelerate, with over 300 lawyers in New York, we look forward to a true flagship office that preserves architectural character while providing state-of-the-art infrastructure and amenities.”
295 Fifth Avenue is located a five-minute walk from the N, R, and W trains at the 28th Street station, and a six-minute walk from the 6 train at the 33rd Street station. Beyond that, the 34 Street-Herald Square station and Penn station are within a ten-minute walk from the building.