Tishman Speyer, one of the world’s leading developers, owners, operators and asset managers of first-class real estate, today announced that Debevoise & Plimpton LLP will relocate its firm headquarters to The Spiral, its 65-story office tower currently under construction at 66 Hudson Boulevard in Manhattan.
Debevoise, a premier law firm with 800 lawyers working from nine offices on three continents, will occupy 530,000 square feet on floors 40 through 52 under a 20-year lease agreement. The firm is expected to move to The Spiral from its current offices at 919 Third Avenue in the second half of 2022.
With this transaction, Tishman Speyer has now successfully pre-leased 54 percent of the 2.8 million square foot office tower more than two-and-a-half years prior to its completion. Pfizer, one of the world’s pre-eminent biopharmaceutical companies, previously announced that it will relocate its global headquarters to 800,000 square feet in The Spiral, while AllianceBernstein committed to 189,000 square feet earlier this year.
Designed by BIG-Bjarke Ingels Group, The Spiral will rise 1,031 feet and feature a cascading series of landscaped terraces and hanging gardens as its signature element. The terraces will ascend, one per floor, in a spiraling motion to create a unique, continuous green pathway that wraps around the façade of the tower and supplies occupants with readily accessible outdoor space.
“The Spiral, with its cascading gardens and collaborative spaces, will be unlike any other office environment in New York,” said Tishman Speyer President and CEO Rob Speyer. “We are thrilled that Debevoise & Plimpton, which thrives on the talent, ingenuity and hard work of its workforce, sees the power and value of The Spiral.”
Located at the intersection of the High Line and the four-acre Bella Abzug Park, The Spiral will encompass a full block stretching from West 34th to West 35th Streets and from 10th Avenue to the park. The six-story base of the building will include a lobby with ceiling heights of up to 28 feet and entrances on Hudson Boulevard East and 10th Avenue. The base also will include approximately 25,000 square feet of first-class retail.
The Spiral is easily accessible from all five boroughs, Westchester County and New Jersey. It is in close proximity to New York’s most convenient transit hubs, including Penn Station, the Port Authority Bus Terminal, Midtown Ferry Terminal, Lincoln Tunnel and West Side Highway. The 7 Train is just steps away and three stops from Grand Central Terminal.
Additional building details and renderings can be found at www.thespiralny.com.
Tishman Speyer continues to be one of New York City’s most active developers with multiple recent and ongoing commercial and residential projects in three boroughs. In addition to The Spiral, Tishman Speyer recently announced that it will create 630,000 square feet of modern office space across the upper floors the historic Morgan North building at 341 Ninth Avenue in Manhattan’s West Chelsea district. That project is also more than 50 percent pre-leased to Dentsu Aegis Network.
Other notable office construction projects include The JACX, a fully-leased, 1.2 million square foot office project in Long Island City and The Wheeler, which is rising above Macy’s historic Downtown Brooklyn department store. Tishman Speyer’s recent residential development pipeline also includes Jackson Park, a 1,900 unit luxury rental development that opened in 2018 in Long Island City, and 11 Hoyt, a 480-unit condominium tower that is currently under construction in Downtown Brooklyn.
About Tishman Speyer (www.tishmanspeyer.com)
Tishman Speyer is a leading owner, developer, operator and fund manager of first-class real estate around the world. Founded in 1978, Tishman Speyer is active across the United States, Europe, Latin America and Asia, building and managing premier office, residential and retail space in 28 key global markets for industry-leading tenants. The firm has acquired, developed and operated a portfolio of over 167 million square feet with a total value of approximately US $88 billion spread over 406 assets. Signature assets include New York City's Rockefeller Center, São Paulo's Torre Norte, The Springs in Shanghai, Lumière in Paris and OpernTurm in Frankfurt. Tishman Speyer currently has projects at different stages of development in Boston, Brasília, Frankfurt, Gurgaon, Hyderabad, Los Angeles, New York City, Paris, Rio de Janeiro, San Francisco, São Paulo, Shanghai, Shenzhen and Washington, DC. The firm also operates portfolios of prominent office properties in Berlin, Chicago and London. For more information, visit tishmanspeyer.com and find us on social @tishmanspeyer.
About Debeviose & Plimpton LLP
Debevoise & Plimpton LLP is a premier law firm with market-leading practices, a global perspective and strong New York roots. We deliver effective solutions to our clients’ most important legal challenges, applying clear commercial judgment and a distinctively collaborative approach.
