Where We Work
December 21, 2010
By: Laura Kusisto and Zeke Turner

... In this past season of Mad Men, Don Draper and Roger Sterling pounced on cheaper rents and hustled their new ad agency from the Madison Avenue stomping grounds synonymous with advertising to the Time & Life Building on Sixth Avenue (after an illegal stint in the Pierre). It happens—companies debut; companies move; companies need space.

It happened a lot in 2010, as literally dozens of firms, employing millions of people, took advantage of a commercial real estate market weakened by the Great Recession, and either moved to new spots within the city or announced their intentions to do so in the near future. ...

... 5. Studley, 399 Park Avenue

The firm, specializing in tenant representation, played the tenant itself, relocating its corporate HQ to 61,000 square feet. The expanding brokerage moved just up the street from its 20-year home at 300 Park. ...

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