Developers Announce 132,000-Square-Foot Lease Deal at 295 Fifth Avenue In Midtown South, Manhattan

Rendering of 295 Fifth Avenue with its new rooftop penthouseRendering of 295 Fifth Avenue with its new rooftop penthouse

Tribeca Investment Group, PGIM Real Estate, and Meadow Partners have announced a lease agreement with global litigation firm Quinn Emanuel Urquhart & Sullivan, LLP for a 132,000-square-foot space at the fully renovated 295 Fifth Avenue in Midtown South, Manhattan. This relocation marks one of the largest relocations of 2023 in the surrounding area and reflects a trend of traditional industries filling the leasing gap left by technology firms in the neighborhood. CBRE helped facilitate the transaction on behalf of ownership and represented Quinn in the leasing agreement.

Recently finished rooftop of 295 Fifth Avenue, by Jakob Dahlin

Recently finished rooftop of 295 Fifth Avenue, by Jakob Dahlin

Originally constructed in 1920, 295 Fifth Avenue was known for housing NYC textile tenants and was considered at the time of its construction a marvel of modern-day engineering. Studios Architecture led the comprehensive $350 million redesign, which completed in April 2023. The redesign included a two-story penthouse addition, infrastructure upgrades, and design tailored to offer flexible work areas and collaboration zones. The lobby, redesigned by Studio MAI, creates a hospitable office environment with a café, library, and garden backdrop.

Renovated interior of 295 Fifth Avenue, by Jakob Dahlin

Renovated interior of 295 Fifth Avenue, by Jakob Dahlin

Renovated interior of 295 Fifth Avenue, by Jakob Dahlin

Renovated interior of 295 Fifth Avenue, by Jakob Dahlin

“We are very excited to move into 295 Fifth, a stunning redevelopment of a historic building in the flourishing Nomad neighborhood that has long been our professional home,” said Andrew Rossman and Jennifer Barrett, co-managing partners of Quinn Emanuel’s New York office. “As the growth and success of our firm continues to accelerate, with over 300 lawyers in New York, we look forward to a true flagship office that preserves architectural character while providing state-of-the-art infrastructure and amenities.”

Renovated interior of 295 Fifth Avenue, by Jakob Dahlin

Renovated interior of 295 Fifth Avenue, by Jakob Dahlin

295 Fifth Avenue is located a five-minute walk from the N, R, and W trains at the 28th Street station, and a six-minute walk from the 6 train at the 33rd Street station. Beyond that, the 34 Street-Herald Square station and Penn station are within a ten-minute walk from the building.

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3 Comments on "Developers Announce 132,000-Square-Foot Lease Deal at 295 Fifth Avenue In Midtown South, Manhattan"

  1. Terminal Warehouse is elegantly conceived, designed, and furnished.

    This project from the beginning was “dogged” with clumsy design, bad detail choices, and overall unattractive finishes. (the terrace paving/the big ferns/badly proportioned arches….)

  2. These days it counts as good news when a corporate relocation does not involve downsizing. Quinn Emanuel is moving from roughly equal square footage a couple of blocks away.

  3. Would love to live here!! Once it’s ready I’ll be applying.
    Thank you

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