Steve Cuozzo

Steve Cuozzo

Real Estate

White & Case headed for jumbo lease at 1221 6th Ave.

Law firm White & Case is just days from signing a jumbo lease at Rockefeller Group’s 1221 Sixth Ave., the McGraw-Hill Building, sources said. “It could be finished by next week,” noted one insider.

The firm will expand from slightly more than 300,000 square feet at the Durst Organization’s 1155 Sixth Ave. into just over 400,000 square feet at 1221 in 2016, when its lease expires.

Asking rents at 1221 are mostly $78 per square foot, according to mrofficespace.com.

Neither Rockefeller Group leasing chief Ed Guiltinan nor Cushman & Wakefield’s John Cefaly, the outside leasing agent, could be reached.


Tishman Speyer is the front-runner for a $200 million-plus purchase of a Hudson Yards-area development site, sources said.

The parcel is owned by the Rosenthal family and runs from West 34th to 35th streets, between 10th Avenue and the planned new Hudson Boulevard in the middle of the block.

The sale offering via Massey Knakal was first reported by Crain’s, which also said an adjacent site owned by Sherwood Equities might be sold as well if the Rosenthals found a buyer.

Now, we’re told, the company run by Jerry Speyer and Rob Speyer has both sites in its sights. The Rosenthal piece alone can support a 1.2 million square-foot project as of right.

The area’s extraordinary run-up in values is driven by the thundering success of Related Cos.’ 26-acre project Hudson Yards rail yards project two blocks south.

A Tishman Speyer rep said the company declined to comment.