Shearman Shrinks NY Headquarters, Makes Offices Single Size (1)

Shearman & Sterling has completed a two-year transformation of its longtime Manhattan headquarters, opting for in-vogue single-size offices and a smaller footprint.

The firm in January 2020 renewed its lease at 599 Lexington Ave, where it has been for three decades and is slated to remain for the next 20 years. The firm has trimmed its space from 15 to 12 floors and now occupies 340,000 square foot of the Midtown East building.

“We did reduce our footprint. We will continue to do that and at the same time, focus on healthier, better performing buildings and spaces, more quality, less ...