Carr Properties
Update
01/24/24
Carr Properties Announces Lease Extension & Expansion with Sullivan & Cromwell at 1700 New York
Globally renowned law firm signs a 10-year renewal lease, taking an additional floor within the DC office building bringing its total footprint to 78,740 square feet
Globally renowned law firm Sullivan & Cromwell LLP has signed a 10-year renewal and expansion lease at 1700 New York in the heart of Washington, DC’s Central Business District, Carr Properties (“Carr”) has announced. The company will take an additional 14,608 square feet of space within the trophy office property and now occupy the entire 4th through 8th floors of the building, bringing its total footprint to approximately 80,000 square feet.
“It’s exciting to not only continue our long-term relationship with Sullivan & Cromwell at 1700 New York, but to expand upon their space as they continue to succeed and grow,” said Kaitlyn Rausse, Senior Vice President of Leasing at Carr Properties. “The extension and expansion is a testament to the desirability of trophy office product such as 1700 New York, which continues to attract best-in-class firms on a global scale.”
Sullivan & Cromwell is a global law firm that advises on corporate transactions and investigations, and restructuring, regulatory, tax and estate planning matters. With this announcement, 1700 New York is now 91% leased.
Located in the Central Business District of Washington, DC, 1700 New York is a 123,099-square-foot, Class A office building with remarkable views of the National Mall, Washington Monument and White House, all of which are less than 200 yards away. Customers enjoy world-class amenities such as a meticulously finished lobby, rooftop terrace with a catering kitchen, modern fitness amenities, an expansive bike facility, and underground parking. The building also provides convenient transportation access via immediate access to the E Street Expressway.
Kaitlyn Rausse and Ryan Lopez of Carr represented the landlord in the deal. Lou Christopher and Jordan Brainard of CBRE represented Sullivan & Cromwell.
