"Due to our firm's rapid growth we had to expand our officespace to meet our current business needs and to allow room forfuture expansion," says the firm's David J. Bershad. Thetransaction also provides for the option to lease future expansionspace within the firm's same elevator bank.

CB Richard Ellis' Scott Gottlieb, Michael Laginestra, LewisMiller, Joan Meixner and Stephen Siegel arranged the 15-yearrenewal and expansion on behalf of Milberg Weiss. Vornadonegotiated directly through Daniel North and David Greenbaum.Attorneys involved in the negotiations included Scott I. Schneiderof Loeb & Loeb LLP who acted for Milberg Weiss and Ronald D.Sernau of Proskauer Rose who negotiated on Vornado's behalf.

"CBRE undertook an extensive market search to identify the bestsolution for the office space requirements of Milberg Weiss," notesMiller. "The right answer was to continue a positive, long-termrelationship with Vornado, which now includes a landlord allowancefor office renovations."