Law firms are taking a lead role in filling New York City’s all-too-empty office buildings, thanks to an insistence that attorneys must stop working from home.
The legal business rivals the financial sector as the most active Manhattan lessors in the past two quarters, real estate firm Savills said in a report. The two sectors accounted for more than half of leasing activity in the third quarter, according to Savills.
Davis Polk & Wardwell’s commitment to more than 700,000 square feet at 450 Lexington Ave. and Wachtell, Lipton, Rosen & Katz’s renewal of nearly 260,000 square feet at 51 West ...
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