Written by 5:14 am Real Estate

Legislation agency Fried Frank to depart Seagram Construction for Madison Road tower

Legislation agency Fried Frank is shifting and increasing its midtown convention middle from 375 Park Ave., the Seagram Construction, to Park Tower Workforce’s 535 Madison Ave. The 15-year hire for 14,375 sq. ft is for all the tenth flooring.

The transfer in 2024 will give Fried Frank extra elbow room than it had and gets rid of the inconvenience of being on two flooring.

“It’s a really perfect constructing,” mentioned Fried Frank genuine property chairman Jonathan Mechanic, who was once basking within the after-glow of his agency’s annual vacation birthday celebration at Cipriani forty second Boulevard.

Fried Frank’s house base stays at One New York Plaza downtown. However Mechanic seemed ahead to the brand new uptown digs, which could have a larger board room, extra space for his lawyers — and get right of entry to to the tower’s facilities together with an outside plaza and first-rate artwork.

“[Park Tower chairman] George Klein has a really perfect assortment,” he mentioned. “George and [company president] Marian Klein Feldt have their places of work at 535 Madison in order that they deal with the constructing like house.”

Lengthy considered the actual property global’s No. 1 “a laugh” match, the birthday celebration on Tuesday was once Fried Frank’s first in point of fact full-bore birthday party since 2019.

Noshing and schmoozing below the cathedral-high ceiling had been Empire State Realty Accept as true with head Tony Malkin, Silverstein Homes CEO Marty Burger, RXR chairman Scott Rechler, Jack Resnick & Sons president Jonathan Resnick, Wharton Homes founder Jeff Sutton, JEMB chairman Morris Bailey, the Rudin construction extended family’s Invoice, Michael and Samantha, World Holdings Control chairman Eyal Ofer, Comparable Firms normal recommend Alexis Kremen, Tishman Speyer managing director/construction Valerie Speyer Peltier, Cushman & Wakefield’s Bruce Mosler and John Cefaly and Vornado president Michael Franco.

Fried Frank real estate chairman Jonathan Mechanic is looking forward to the tower’s outdoor plaza and first-rate art.
Fried Frank genuine property chairman Jonathan Mechanic is taking a look ahead to the tower’s out of doors plaza and first-rate artwork.
Getty Photographs for iPic

Additionally there: SL Inexperienced head of leasing Steve Durels, Citibank genuine property head Tom Flexner, Morgan Stanley real-estate funding banking leader Seth Weintrob and Goldman Sachs genuine property financing director Miriam Wheeler.

Klein Feldt celebrated with Rockefeller Workforce senior managing director Meg Brod over their firms’ joint-venture residential undertaking in Greenpoint.

“I offered them to each other and now they’re speedy pals,” Mechanic mentioned.

Klein Feldt celebrated with Mechanic, too.

“She introduced the hire papers for 535 Madison, and we in fact signed them on the birthday celebration,” he mentioned.

Supply Via https://nypost.com/2022/12/11/law-firm-fried-frank-to-leave-seagram-building-for-madison-avenue-tower/