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NEW YORK CITY-SJP Properties and law firm Proskaeur Rose made Monday’s reports official on Tuesday with a formal announcement of a 406,000-square-foot, 20-year lease at 11 Times Square, about 25,000 square feet larger than initially reported. The deal for 14 floors of the 1.1-million-square-foot tower, which is scheduled for completion next month, is the first one signed there and is believed to be the largest Midtown office relocation in more than two years.

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