Jones Lang LaSalle


TIMES TOWER FILLING UP
By LOIS WEISS

June 14, 2006 -- THE New York Times Building at 620 Eighth Ave. is on a roll and close to landing another big name law firm to its roster.

Covington & Burling is reviewing a lease for about 160,000 feet on floors 39 through 43.
Sources said the 20-year pact will include options for floors 44 and 45.

Studley Chairman Mitch Steir, with David Goldstein, is leading a gaggle of brokers representing Covington & Burling, which would relocate from 1330 Sixth Ave.

A CB Richard Ellis team lead by Tri-State CEO Mary Ann Tighe and Howard Fiddle are representing developer Forest City Ratner.

None of the players would comment on the deal.

Last week, Forest City said it would buy out its partner, ING, for the 700,000 feet above the Times headquarters.

Forest City will then control floors 29 through 52 and the 24,000 feet of ground floor retail.
The law firm Seyfarth Shaw has already grabbed 100,000 feet on floors 31, 32 and 33 for the next 17 years.