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Cahill Gordon Signs Downtown’s Biggest Lease YTD

Law firm Cahill Gordon & Reindel is moving from its longtime home at 80 Pine St. to RXR Realty’s 32 Old Slip. At over 200,000 square feet, it’s the largest direct new lease for Downtown Manhattan in 2018.

CBRE’s Robert Alexander, Ryan Alexander, Michael Affronti, Zachary Price and Gerry Miovski represented the landlord, along with RXR’s William Elder and Daniel Birney. NKF‘s Moshe Sukenik, Chris Mongeluzo, Eric Zemachson and Tamar Moy negotiated for Cahill Gordon.

Fried Frank acted as counsel to RXR in connection with the lease, with a team of Valerie Kelly, Meyer Last, Simon J. Elkharrat, Philip M. Fitzpatrick and Charles L. Roper.

32 Old Slip sits on the site previously occupied by the U.S. Assay Office, a federal gold refinery. It was constructed in 1987 by the late developer Howard Ronson, along with his young in-house counsel Jonathan L. Mechanic, who now chairs Fried Frank’s real estate department.

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Connect With CBRE's Robert AlexanderConnect With NKF's SukenikConnect With Fried Frank's Kelly

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-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 15-20 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 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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