Elite litigation firm Boies Schiller Flexner is re-evaluating its office space at 55 Hudson Yards, the firm confirmed to Business Insider.Elite litigation firm Boies Schiller Flexner is re-evaluating its office space at 55 Hudson Yards, the firm confirmed to Business Insider.
"We are giving careful thought to where we want our offices to be, what size we want our offices to be, and how our offices will be staffed," Harrison said. It also underscores both the upheaval at the firm and how the ongoing pandemic has prompted tenants across industries to reevaluate their office needs.
Roughly 16.9 million square feet of sublease space was on the Manhattan market as of October, according to data from the real-estate services firm Cushman & Wakefield. That's a 70% increase from a year ago and amounts to a record sum exceeding past downturns such as the recession of the early 2000s and the great financial crisis.
The space was designed by Aaron Schiller, whose father Jonathan Schiller co-founded the law firm, a link that irritated some lawyers given the cost and lavishness of the design. Aaron Schiller and the law firm's leadersThe firm's original plans for growth have been pared back in recent years as David Boies' reputation and stature in the legal industry have been bruised by his involvement with the disgraced movie mogul Harvey Weinstein.
good