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Law Firm Inks Early Renewal for 338K SF in Midtown Manhattan

Global law firm Shearman & Sterling signed a new, 20-year lease for 338,000 square feet at Boston Properties’ (BXP) 599 Lexington Ave. in Midtown Manhattan. The deal was an early renewal of Shearman & Sterling’s existing lease, which was scheduled to expire in August 2022.

Following the renewal, the law firm is set to create an enhanced state-of-the-art office space for both its clients and employees.

“We were founded in New York 145 years ago, and the firm has thrived in its Midtown location over the past 30 years,” said Sherman & Sterling partner David Beveridge. “We look forward to creating a premier space that reflects our brand, provides our clients with an elevated experience and supports our continued growth strategy.”

CBRE’s Lewis Miller, Andrew Sussman and Brenden Herlihy represented the tenant. BXP was represented in-house.

Photo courtesy of Boston Properties.

For comments, questions or concerns, please contact Paul Bubny

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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