Fried Frank acted as counsel to Evercore in connection with its 350,000-square-foot lease expansion and extension for the firm's global headquarters at Fisher Brothers' Park Avenue Plaza through 2034. Evercore, which currently occupies 150,000-square-feet in the building, will expand and consolidate its New York operations.
Park Avenue Plaza is a 45-story, 1.2 million-square-foot tower, located at 55 East 52nd Street. Fisher Brothers completed a US$40 million renovation of the property's 13,000 square-foot, public-access space in 2016.
The Fried Frank team included real estate partners Jonathan L. Mechanic and Valerie Kelly and real estate associates Eric D. Marlowe and Shelby E. Smith.