Dunn Isaacson Rhee Signs Record-Rent Lease at 7 World Trade Center

• Dunn Isaacson Rhee has signed a lease at 7 World Trade Center, setting a new rent record for the 52-story Lower Manhattan office tower.
• The law firm's deal is for prebuilt office space, highlighting continued demand for move-in-ready space in newer, high-quality Manhattan buildings.
• Silverstein Properties developed, manages, and leases 7 World Trade Center, a 1.7 million-square-foot office tower at 250 Greenwich Street.

What The New Lease Means for 7 World Trade Center

7 World Trade Center has landed its highest rent ever with a new lease for Dunn Isaacson Rhee, according to CoStar. The deal covers prebuilt office space and comes as demand for high-quality workspace continues to strengthen in Lower Manhattan. CoStar reported that the lease eclipses the $100-per-square-foot mark, making it the highest rent ever achieved at the building. The transaction adds another law firm to the tower's tenant roster and provides another example of companies choosing newer, amenity-rich office space rather than older buildings that may require significant tenant improvements.

What 7 World Trade Center Offers Tenants

Located at 250 Greenwich Street, 7 World Trade Center rises 52 stories and contains approximately 1.7 million square feet of office space. The building was the first office tower rebuilt at the World Trade Center site following the Sept. 11 attacks and opened in 2006. Designed by Skidmore, Owings & Merrill, the building features large, column-free floor plates, high ceilings and extensive views across Lower Manhattan. Silverstein Properties says the typical floor plate is approximately 40,000 square feet, providing tenants with flexibility to customize their offices. The property also has a dedicated amenity space on the 10th floor, including an indoor lounge and fitness programming. A recently marketed prebuilt office on the 34th floor includes hospitality-focused finishes, LED lighting, terrazzo countertops and greenery.

What Dunn Isaacson Rhee Is Bringing to The Building

Dunn Isaacson Rhee is a relatively young litigation boutique founded in 2025 by former Paul Weiss partners. The firm has offices in New York, Washington and San Francisco and has continued expanding since its launch. The firm's New York office is already located at 11 Park Place, making the new 7 World Trade Center lease an additional Lower Manhattan presence rather than a move away from the area. The firm's founding partners include Karen Dunn, Jeannie Rhee, William Isaacson and Jessica Phillips. Jeannie Rhee currently serves as managing partner.

What The Deal Says About Manhattan Office Demand

The transaction comes as landlords of newer Manhattan office towers continue to see strong demand for premium space, even while the broader office market remains uneven. Silverstein Properties has said that demand for space coming available at 7 World Trade Center is already substantial. A large block of approximately 700,000 square feet is expected to become available after Moody's leaves the building at the end of 2027, and the landlord said it was already seeing interest well ahead of the availability date. That interest reflects a broader preference among some tenants for newer construction, where larger floor plates, modern mechanical systems, higher-quality amenities and more flexible layouts can support today's office requirements.

What This Means for Lower Manhattan

7 World Trade Center's record lease adds to the growing evidence that Lower Manhattan's best office buildings can command premium rents when they offer the right combination of location, quality and tenant experience. The building is part of the larger World Trade Center campus, where Silverstein Properties continues to lease several major office towers. For office owners and investors, the deal reinforces the growing divide between older commodity buildings and newer, amenity-rich properties. Tenants willing to pay premium rents are increasingly concentrating in buildings that offer modern infrastructure and a stronger workplace experience.