Law firm Florio Leahy LLP has signed a 10-year lease at 641 Lexington Avenue, a 32-story, 425,000-square-foot office building in Midtown East. Florio Leahy, which specializes in investment management law, will occupy a 6,691 square-foot pre-built office suite on the entire 17th floor. The firm plans to relocate from its current location at 370 Lexington Avenue to 641 Lexington Avenue around the first quarter of 2021.
“We’re proud that Florio Leahy has chosen 641 Lexington as its new headquarters,” said Michael Rudin, senior vice president at Rudin Management Company, the operating arm of building owner Rudin Family holdings. “In spite of the challenging market conditions, this transaction demonstrates that major companies and professional service firms remain committed to New York City and Midtown for the long term.”
641 Lexington Avenue holds significant importance in the history of the Rudin Family. In 1905, Louis Rudinsky purchased a five-story brownstone on the site, which was his first real estate acquisition in New York City after immigrating to the United States from Belarus. Through the years, Louis’ son, Samuel, bought several properties adjacent to the original purchase. In the mid-1960s, Samuel and his sons, Jack and Lewis, developed a modern office tower on the land.
Florio Leahy LLP was represented by Benjamin Blumenthal of Noah & Co. Building ownership was represented by Robert Steinman, senior vice president at Rudin Management. Asking rents were $65 per square foot.
