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Law Firms Dominate NYC Office Leases | Real Estate News

Law Firms Dominate NYC Office Leases | Real Estate News

Published 1 month ago
Description

Law firms are dominating New York’s office market with massive new leases—Simpson Thacher grabs nearly a million sq ft at 570 Fifth, Google renews its Soho HQ, and Brooklyn Defender Services locks in a 31-year deal for 200K sq ft. Even as remote work trends persist, these big-ticket deals prove demand for prime, dedicated office space remains strong, with law firms leading the charge and major institutions like NYC’s Board of Education Retirement Systems also investing heavily.

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