Law Firm Lewis Brisbois Secures Financial District Office

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In a big transfer for the Monetary District, Union Funding’s 140 Broadway has landed one other main tenant with regulation agency Lewis Brisbois Bisgaard & Smith signing a deal for 70,000 sq. toes of workplace area in Manhattan. This transaction was the second largest lease signed in Decrease Manhattan in the course of the third quarter.

Particular particulars concerning the size of the lease, the asking worth and the brokers concerned weren't disclosed. Nonetheless, a comparable lease signed earlier this yr by the PR agency Zeno Group on the identical property had an asking hire of $70 per sq. foot.

Different notable tenants on the property embrace sustainable improvement consultancy Arup; regulation agency Hawkins Delafield & Wooden; and information data supplier Statista.

Lewis Brisbois’ new lease at 140 Broadway represents a big growth that can accommodate greater than 200 attorneys within the new area with a move-in date scheduled someday in 2026.

This transfer marks the ultimate step in a relocation path that started after the regulation agency departed its long-term base at 77 Water St. following the announcement that the tower can be transformed to residential housing. Lewis Brisbois is presently working out of a brief location at 7 World Commerce Heart.

The regulation agency is now the second firm to have secured a brand new residence at 140 Broadway after leaving 77 Water St. It follows Arup, which signed a deal for almost 100,000 sq. toes at 140 Broadway only a few months prior.

Accomplished in 1968 and designed by the architectural agency Skidmore Owings and Merrill,140 Broadway just lately underwent a considerable renovation. The updates included a refreshed foyer and the introduction of a brand new, Gensler-designed amenity area often called the 140 Lounge. This lounge spans 10,000 sq. toes and gives tenants with options like a espresso and pastry bar; a convention room; billiards tables; and cozy seating areas.

Union Funding is a German asset supervisor with a big world footprint. As of June 2025, the agency managed roughly $592.44 billion in whole property. Of this whole, $73.1 billion is particularly devoted to “actual property, infrastructure and different investments,” which additionally consists of commodities, in response to data on the corporate’s web site.

To help its world actual property operations — which embrace sourcing actual property, coordinating with working departments, managing acquisitions and overseeing budgets — Union Funding maintains devoted places of work in a number of key worldwide cities, together with Hamburg, Paris, Madrid, New York and Singapore.