Rudin, a full-service real estate organization, and one of New York City’s largest private owners, operators and developers of best-in-class real estate, announced today that it has finalized a lease with Kilpatrick Townsend & Stockton LLP to relocate to 3 Times Square.
With an expertise in intellectual property, litigation, and corporate transactional matters, Kilpatrick’s more than 620 attorneys serve clients throughout the U.S., Europe, and Asia. The law firm, which will move from its current location in the third quarter of this year, will occupy 27,667 square feet across the entire 28th floor as part of its new 10-year lease.
“Moving to 3 Times Square in the heart of midtown Manhattan – ‘the Crossroads of the World’ – fits perfectly with who Kilpatrick is as a modern law firm,” said Barry Benjamin, Kilpatrick’s New York Office Managing Partner. “At Kilpatrick we say we are ‘Connected to Next,’ and the building’s location is a true testament to that connectivity. I know our people are excited about the state-of-the-art office space that combines exceptional functionality with contemporary beauty, from well-appointed offices, multiple collaboration spaces to gorgeous views. And we will be able to take advantage of the building’s numerous new and planned amenities.”
“We are pleased to welcome Kilpatrick to 3 Times Square,” said Michael Rudin, Co-CEO of Rudin. “The firm’s selection of 3 Times Square underscores the importance of the capital reinvestment program we are close to completing at the building and reinforces that in today’s market, the quality of the building and ownership are more important than ever. We are very proud to establish this relationship with Kilpatrick and look forward to many years of them being an integral part of the building. Times Square continues to be one of NYC’s most vibrant neighborhoods and our repositioning will support the success of all of our tenants.”
In lockstep with the reimagining of this iconic 30-story tower, Rudin has completed a number of significant leases, notably adding Remy Cointreau and Anchin, Block & Anchin to the tenant roster and renewing Thomson Reuters, an original tenant. Additionally, Touro University celebrated the grand opening of its new consolidated campus within 3 Times Square in April.
Originally constructed and opened in 2001 as the North American headquarters of Reuters Group PLC., Rudin and its joint venture partner Thomson Reuters engaged FXCollaborative to assist with a sweeping capital improvement program at 3 Times Square in 2020.
Highlights of Rudin’s redevelopment of 3 Times Square include the creation of a new, glass-walled triple-height lobby and a sculptural façade screen that will serve as a decorative architectural enhancement. The tower’s office tenants will further benefit from a streamlined, touchless entry system, fully renovated destination dispatch elevator system and a dedicated 16th floor amenity space featuring a dining area, coffee bar, and a conference and event center. Rudin is also creating a fitness center with locker rooms within the tower.
The building has achieved WiredScore Platinum certification in recognition of its best-in-class connectivity and was awarded SmartScore Gold certification for its exceptional user experience and high standards of sustainability. 3 Times Square has also achieved the WELL Health-Safety Rating, among other initiatives, in place to prioritize the health and wellness of building occupants.
3 Times Square also utilizes Nantum OS, the world’s most advanced building operating system. Nantum OS is the flagship product of Prescriptive Data, a privately held smart building automation company focused on using artificial intelligence to improve efficiency, decrease carbon emissions and optimize tenant comfort.
Mark S. Weiss and Sam Hollis Jr. of Cushman & Wakefield represented Kilpatrick. 3 Times Square was represented by Thomas Keating of Rudin and the Cushman & Wakefield agency team of Ron Lo Russo, John Cefaly, John Santora, Paige Engeldrum, Lou D’Avanzo, Mike Burgio and Dan Organ.
About Rudin
Rudin is a full-service real estate organization, and one of New York City’s largest private owners, operators and developers of best-in-class real estate. Among its real estate holdings are 15 commercial office buildings containing approximately 10.1 million square feet of space and 17 apartment buildings comprising over four million square feet of residences. For more information about Rudin, please visit https://www.rudin.com/.
