Connect with us

Published

on

The rolling-thunder procession of late-in-the-year commercial leases that we predicted a few weeks ago is under way in earnest.

In the largest Midtown South location of 2023, global litigation firm Quinn Emanuel Urquhart & Sullivan signed for 132,000 square feet at 295 Fifth Ave.

The law firm will move from 51 Madison Ave. where it had roughly the same amount of space.

Known as the Textile Building for its one-time apparel-making role, 295 Fifth Ave. fills the entire east blockfront between West 30th and 31st streets.

Owners Tribeca Investment Group (TIG), PGIM Real Estate and Meadow Partners spent $350 million to redevelop the century-old, 700,000 square-foot property for 21st Century use. Quinn Emanuel is the first tenant to sign up since the repositioning.

The remake overseen by Studios Architecture includes a new, two-story penthouse, a first floor courtyard, several terraces and hospitality-focused amenities.

Realty Check reported earlier that asking rents would run from $95 a square foot at the base to $135 psf in the penthouse.

The law firm will have floors 8-10 in whats now a 19-story building.

TIG principal Elliott Ingerman called 295 Fifth a special asset positioned for long-term success. Quinn Emanuel New York managing partners Andrew Rossman and Jennifer Barrett termed it in a statement a stunning redevelopment of a historic building in the flourishing Nomad nabe that has long been our professional home.

The firm has over 300 lawyers in the city.

Mary Ann Tighe, part of the landlords CBRE leasing team, said the deal affirms a larger trend in Midtown South. As technology firms dialed back their leasing, the gaps being filled by traditional industries that realize upgraded buildings bolster their initiatives to attract and retain talent.

CBREs Lewis Miller, Greg Maurer-Hollaender and Cara Chayet repped the tenant. The CBRE landlord team included Tighe, David Hollander and Peter Turchin.

The deal comes only days since we reported that Spanish financial firm BBVA took 75,000 square feet at Two Manhattan West, nearly doubling its previous presence on Sixth Avenue.

Continue Reading

Sports

Foligno takes puck off hand, will miss 4 weeks

Published

on

By

Foligno takes puck off hand, will miss 4 weeks

Chicago Blackhawks captain Nick Foligno will miss four weeks after injuring his hand Saturday in his team’s 3-2 win against the Toronto Maple Leafs, coach Jeff Blashill said.

Foligno, 38, suffered the injury with 90 seconds left in the second period when he was skating near the top of the Blackhawks’ defensive zone and Jake McCabe‘s shot on net deflected off Foligno’s hand.

Foligno immediately hunched over and favored his hand while skating back to the Blackhawks’ bench. Foligno, who did not return for the third period, finished with three shots on goal and logged 10:41 in ice time.

The absence of Foligno, who has six points in 15 games, means the Blackhawks will be without their fourth-line center who was anchoring a combination featuring Sam Lafferty and Landon Slaggert. His injury is also the second to impact the Blackhawks’ forward group with winger Jason Dickinson currently on injured reserve.

After finishing last season with the second-fewest points in the NHL, the Blackhawks (9-5-4) have emerged into one of the biggest surprises through the first quarter of the regular season. With their win against the Maple Leafs, they enter Sunday third in the Central Division and a point ahead of the Vegas Golden Knights and Seattle Kraken in the Western Conference wild-card race.

Continue Reading

Sports

Devils’ Hughes out 8 weeks after finger surgery

Published

on

By

Devils' Hughes out 8 weeks after finger surgery

New Jersey Devils star Jack Hughes had successful surgery on his finger Saturday, the team announced. The expected recovery time is eight weeks, though he will be reevaluated in six weeks.

According to sources, Hughes injured his hand in a “freak accident” that involved getting cut by glass at a team dinner Thursday.

Hughes’ procedure was performed by Dr. Robert Hotchkiss at the Hospital for Special Surgery in New York City.

The 24-year-old was off to a terrific start for New Jersey, which is 12-4-1 and atop the Metropolitan Division entering Friday. The American-born star has 10 goals and 20 points in his first 17 games.

The injury will create an interesting predicament for Team USA ahead of the 2026 Olympics in Milan. Hughes’ brother, Quinn, has already been named to the team while the Devils star was expected to be a front-runner for the roster. Federations must submit rosters by Dec. 31. The Devils’ projected return-to-play timeline is around the second week of January. The Olympic men’s hockey tournament begins Feb. 11.

Olympic rosters feature 25 players, which is two more spots than teams had at Four Nations.

Continue Reading

Sports

Canucks sign ex-Leaf Kampf to one-year deal

Published

on

By

Canucks sign ex-Leaf Kampf to one-year deal

Center David Kampf signed a one-year contract with the Vancouver Canucks on Saturday, just a day after the Toronto Maple Leafs terminated his previous deal.

Kampf, whose deal with the Canucks will carry a $1.1 million cap hit, was entering the third year of his four-year contract with the Maple Leafs that was worth $2.4 million annually.

The Leafs waived Kampf before the season, and he began the year with their AHL affiliate. Kampf played four games in the AHL before taking a voluntary leave of absence, which wasn’t sanctioned by the Leafs, to evaluate his options.

Kampf, who scored 5 goals and 13 points in 59 games last season, gives the Canucks a two-way center who has logged more than 110 short-handed minutes in seven straight seasons.

The Canucks have faced defensive challenges under first-year coach Adam Foote, who already has had to navigate injuries to Filip Chytil, Thatcher Demko, Derek Forbort, Filip Hronek and Quinn Hughes, among others.

Entering Saturday, the Canucks were allowing 3.53 goals per game, which is the fifth most in the NHL, while their penalty kill is the worst in the league at 66.1%. The Los Angeles Kings set the NHL record for the worst penalty kill in league history with a 68.2% success rate in the 1979-80 campaign.

Kampf also provides a veteran presence at center for the Canucks, who entered the season with questions at the position. Those concerns have intensified with Teddy Blueger and Chytil on injured reserve.

Entering Saturday, the Canucks (8-9-2) had the second-fewest points in the Pacific Division but were two points behind the Chicago Blackhawks and Winnipeg Jets for Western Conference wild-card spots.

Continue Reading

Trending