NEW YORK CITY—Law firm Skadden Arps Slate Meagher &Flom LLP on Monday confirmed published reports that itplans to move its headquarters to an officer tower withinBrookfield Property Partners' Manhattan West, themixed-use complex now under development on the Far WestSide. Spokespeople for BPY and the DurstOrganization, which owns the 4 Times Square tower whereSkadden is based currently, both declined comment Mondayafternoon.

It's not clear how much space the law firm will occupy atManhattan West, where it's the first tenant tosign on. At 4 Times Square, which Durst built in the 1990s, itoccupies about 826,000 square feet in a lease that runs until 2020.The tower's other tenant, Condé Nast Publications Inc., is slatedto begin moving to its new offices at One World Trade Center, inwhich Durst is an equity partner.

Skadden confirms that it has signed a letter ofintent to take space at the BPY complex, but an LOI doesnot equal a leasing deal. A source familiar with negotiations tellsGlobeSt.com that a finalized Skadden lease would mean the launch ofconstruction on the planned 67-story, two-million-square-foottower.