The Washington D.C.-based law firm Dunn Isaacson Rhee, specialising in high-stakes litigation, investigations, and crisis management, has signed a lease for 11,167 square feet at 7 World Trade Center. Developer and landlord Silverstein Properties announced this on Monday. The space is located on the 34th floor of the building and marks the establishment of a new office for the firm in New York City.
Silverstein Properties did not provide details on the lease term or the asking rent. However, a source close to the deal stated that asking rents in the building range between $100 and $150 per square foot.
Jeannie Rhee, managing partner of Dunn Isaacson Rhee, commented on the decision: "We look forward to welcoming our teams and clients to our new Manhattan office later this year. 7 World Trade Center offers the ideal combination of thoughtful design, functionality, and a prime location in the heart of the Financial District, just a stone's throw from the Southern District of New York courthouse." The firm will relocate from its current premises at 11 Park Place, also in the Financial District. The exact timing of the move is still unclear.
Lisa Ann Pollakowski, Cory Gahr, and Richard Plehn of Lee & Associates represented the tenant in this transaction. Silverstein Properties was represented internally by Keith A. Cody, Gordon Hough, and Harlan Strader, as well as by MaryAnn Tighe of CBRE.
Keith A. Cody of Silverstein Properties commented on the new lease: "Dunn Isaacson Rhee represents the calibre of organisations that continue to define 7 World Trade Center as one of the leading office destinations in Downtown Manhattan. Today's top firms seek workspaces that reflect their brand, support their employees, and provide an exceptional experience for their clients. Through thoughtful design, hospitable amenities, and a commitment to excellence, 7 World Trade Center continues to deliver an environment that meets these expectations."
Designed by Skidmore, Owings & Merrill, 7 World Trade Center was completed in 2006. It spans 52 storeys and offers a total area of 1.7 million square feet. Other prominent tenants in the building include credit rating agency Moody’s, global asset manager Capstone Investment Advisors, and the New York Academy of Sciences.
