Press Release

Morrison & Foerster Anchors Innovative New Building in New York

14 Apr 2014

NEW YORK (April 14, 2014) – Morrison & Foerster has relocated its New York office to Boston Properties’ new 38-story office tower at 250 West 55th Street in midtown Manhattan. Morrison & Foerster becomes the anchor tenant in the nearly one million square foot LEED Gold glass high-rise designed by renowned architectural firm Skidmore, Owings & Merrill. The firm has a 15-year lease for the new office, with options throughout the term of the lease allowing for additional space and a longer term.

“New York is a key financial and business center within our global platform, and our lawyers are committed to providing outstanding legal services and innovative solutions,” said Brett Miller, managing partner of Morrison & Foerster’s New York office, which was established in 1987 and is now the second largest office of the firm. “Our new office provides a terrific working environment for our lawyers and staff and is a welcoming destination for clients and friends of the firm.”

Providing counsel to some of the largest financial institutions and Fortune 100 technology and life sciences companies on corporate, financial, litigation, transactional and regulatory matters, Mr. Miller noted that many of the firm’s recent marquee matters have been handled out of New York. These include advising Residential Capital, LLC, one of the largest real estate mortgage origination and servicing companies, on its 2013 successful bankruptcy exit, advising the chapter 11 trustee of MF Global; advising lenders and owners on some of the highest profile new real estate projects in New York including One57, the Atlantic Yards, MoMA Tower, 56 Leonard, the Wheel, St. Vincent’s Hospital redevelopment site and the Durst Pyramid building; and advising some of the largest technology and telecom companies on litigation and privacy matters. With support from the New York office, the firm also advised SoftBank on its $21.6 billion acquisition of Sprint, the largest announced U.S. M&A deal of 2012 and the biggest outbound investment ever from Asia.

Morrison & Foerster is occupying 208,000 square feet of the new building, with additional support space on the concourse level. The building was specifically developed to attract major law firms and financial institutions and required a new construction approach that has become a model for future construction of similar towers. The green-designed building has oversized windows with sweeping views of the Hudson River and a massive landscaped tree-lined garden on the third floor.  With 10-foot ceilings, the building also boasts faster elevators and more individual windows than most midtown office high-rises.

As part of the launch of its new office, Morrison & Foerster commissioned prominent New York artist Markus Linnenbrink to produce eight original 9-X-42-foot paintings for the space.  Each of the oversized works will adorn one of the firm’s eight elevator lobby areas. The paintings reflect Linnenbrink’s trademark style of using the medium of acrylic and a myriad of pigments to form a full spectrum of colors on wood panels.

Morrison & Foerster real estate partner Mark Edelstein led the lease negotiations on behalf of the firm along with partner John McCarthy. CB Richard Ellis brokers Paul Myers, John Maher and Tom Shirocky represented Morrison & Foerster.

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