NEW YORK CITY-Locally based Proskauer Rose LLP, one of the nation’s largest law firms, is said to be in a handshake deal at the moment to lease 600,000 sf at a new Boston Properties site. Word on the street is that the new one-million-sf office tower will be located at 250 W. 55th St. at Eighth Avenue.

The unidentified source also tells that CB Richard Ellis is marketing the deal, but a CBRE spokesperson declined to comment at this time.

The law firm currently leases space at Hines’ 41-story 1585 Broadway property, which is also headquarters to Morgan Stanley. Calls to Hines, Boston Properties and Proskauer Rose were not returned by deadline.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join now!

  • Free unlimited access to's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.