Fried Frank acted as counsel to Evercore in connection with its 350,000-square-foot lease expansion and extension for the firm’s global headquarters at Fisher Brothers’ Park Avenue Plaza through 2034.
Evercore, which currently occupies 150,000-square-feet in the building, will expand and consolidate its New York operations.
Park Avenue Plaza is a 45-story, 1.2 million-square-foot tower, located at 55 East 52nd Street. Fisher Brothers completed a US$40 million renovation of the property’s 13,000 square-foot, public-access space in 2016.
The Fried Frank team included real estate partners Jonathan L. Mechanic (Picture) and Valerie Kelly and real estate associates Eric D. Marlowe and Shelby E. Smith.
Involved fees earner: Jonathan Mechanic – Fried Frank Harris Shriver & Jacobson; Valerie Kelly – Fried Frank Harris Shriver & Jacobson; Eric Marlowe – Fried Frank Harris Shriver & Jacobson; Shelby Smith – Fried Frank Harris Shriver & Jacobson;
Law Firms: Fried Frank Harris Shriver & Jacobson;
Clients: Evercore Partners;