CBS Leases 250000 Square Feet To Wachtell Lipton Rosen & Katz At 51 W 52nd St

The property involved in the transaction is located at 51 W 52nd St, New York, NY, 10019, and is part of the New York market. It comprises a total of 250,000 square feet and is under the ownership of CBS. The tenant, Wachtell, Lipton, Rosen & Katz, has renewed their lease in this CBS-owned Black Rock office building ahead of the expiration of their current agreement.

Summary of transaction details:

• Property Type: Lease
• Transaction Amount: Not specified
• Landlord: CBS
• Tenant: Wachtell, Lipton, Rosen & Katz
• Landlord's Representative: Andrew Sussman, CBRE
• Tenant's Representatives: Mitch Steir and Howard Nottingham, Savills Studley; Moshe Sukenik and Lance Korman, Newmark Knight Frank
• Square Feet: 250,000

The renewal of the lease was conducted with the representation of Andrew Sussman and Michael Laginestra from CBRE on behalf of CBS. The law firm Wachtell, Lipton, Rosen & Katz has maintained a longstanding advisory relationship with CBS Corporation. The exact length of the lease renewal remains unclear, while the representatives for Wachtell, Lipton declined to provide comments on the transaction.