Law Firm Bets on Rents Rising, Signs Early
August 2, 2011
By: Carl Gaines

As large blocks of class A space continue to be in short supply, the law firm Duval & Stachenfeld has signed on for 50,000 square feet in the Coates Building at 555 Madison Ave. for a lease that begins in 2013. Eric Menkes, a partner in the real estate group at the firm who handled the deal, tells GlobeSt.com that the firm “made a forward bet on the market.” ...

... In addition to Menkes, a team from Studley represented the firm in the deal. They were Paul Revson, Zev Holzman and Zachary Reiner. Cushman & Wakefield represented the landlord, the Rodney Corp. The team from Cushman & Wakefield was made up of Robert Baraf, Mark Mendell and Ethan Silverstein. ...

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