Davis Polk & Wardwell has been in its current space at 450 Lexington Avenue in Manhattan since 1992. During that time, the firm has grown its head count and its space, acquiring roughly three additional floors in the building over time. Given the firm’s long-term strategic plan, it seems another expansion is necessary.
The firm said Tuesday that it had renewed its lease at 450 Lex and is adding an additional 30,000 square feet to the footprint, bringing its total to over 700,000 square feet in the building across 23 floors. The new 25-year lease is now the largest by square footage in New York in 2023 to date, according to real estate broker CBRE.
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