After signing a new lease with the law firm of Morrison & Foerster LLP, Boston Properties announced this week that construction on its 39-story office tower in New York City would resume as early as this fall. Morrison & Foerster will lease roughly 180,000 square feet at the tower at 250 West 55th Street and expects to move into the completed building in the spring of 2014.
After breaking ground in late 2007, Boston Properties announced it would halt construction on the tower in early 2009 after the completion of excavation and foundations and construction of the building to grade level according to a CoStar report. The 1,000,000 square foot, LEED Gold pre-certified office building is expected to cost $1.05 billion once the project is complete. Morrison & Foerster LLP was represented by Paul Myers, John Maher and Tom Shirocky of CBRE, and Boston Properties was represented by John Powers and Peter Turchin, also of CBRE.
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