The law firm of Bond Schoeneck & King is doubling the size of its Manhattan and Garden City offices.
The Syracuse-based law firm has signed a 10-year lease for 15,000 square feet at 600 Third Ave. During the first week of March, the firm will occupy the entire 22nd floor of the 42-story Third Avenue tower, located between 39th and 40th streets, relocated a short distance from its existing 7,500-square-foot space at 330 Madison Ave.
The owner of 600 Third Ave. is Third Avenue Owner Tower LLC, care of BlackRock Realty Advisors Inc., according to public records. The building is managed by L&L Holding Company LLC.
In addition, Bond Schoeneck has a new 10-year lease at 1010 Franklin Ave., in Garden City with The Albanese Organization for nearly 14,000 square feet, a fourth floor suite. The firm will be leaving its nearby space, about half the size, at 1399 Franklin Ave. by mid-January.
John Elleman, a partner at Bond Schoeneck in Syracuse, internally represented the firm on both leases.
Noah Shapiro, a partner at Haynes and Boone, and associate Lisa Greenbaum represented the Third Avenue landlord.
Vincent Albanese, a partner at Albanese & Albanese, represented the Garden City landlord.
Bond Schoeneck's current Manhattan space is on the 39th floor, the top tower floor, of the Madison Avenue building, and it has "smaller than normal square footage," said Louis DiLorenzo, managing partner of both offices. With the acquisition of Kehl, Katzive & Simon in December, "we ran out of space, no offices were left" to meet the firm's new space demands, he said.
In December, the firm announced that it also had acquired Garden-City based Kennedy & Gillen (NYLJ, Dec. 16, 2013).
The general asking rate in the Midtown neighborhood near 600 Third Ave. is about $64 per square foot, according to Studley's December report. The asking range for the Garden City space is in the low $30s per square foot.