Newmark Arranges 170,000-Square-Foot Lease with Global Law Firm Alston & Bird, Culminating Ownership’s Repositioning of the Midtown Trophy Tower.
New York, NY (June 25, 2026) — Newmark announces the Company has arranged a new 169,664-square-foot lease on behalf of ownership, affiliates of Harbor Group International ("HGI"), at 51 West 52nd Street ("51W52"), fully leasing the iconic Midtown Manhattan office tower. Alston & Bird LLP, the international law firm, has signed a 15-year lease and will relocate its New York offices from 90 Park Avenue to occupy floors nine through 15 of the property.
Executive Vice Chairman Howard Hersch, Vice Chairmen Greg Conen and Scott Klau, Executive Managing Director Erik Harris and Managing Directors Jennifer Schreiber and Zach Weil serve as the exclusive leasing agents for the property and represented HGI in negotiations. Savills' David Goldstein, Matthew Barlow and Brad Wolk represented the tenant.
"We are proud to announce that our flagship property, 51W52, is now fully leased to a roster of prominent tenants, all of whom match the building's prestige," said Jordan E. Slone, Chairman and Chief Executive Officer of Harbor Group International. "The success of 51W52 validates our strong faith in the resilience of the New York office market, especially for the best trophy properties in the best locations."
The transaction brings the approximately 900,000-square-foot trophy office tower to full occupancy, capping HGI's successful repositioning of the asset following its 2021 acquisition. Since acquiring the property, HGI has invested approximately $128 million to modernize the building's infrastructure, amenity offerings and common areas while preserving its unique architectural heritage.
“As we celebrate the 25th anniversary of our New York office, we are excited to expand our footprint by more than 30% and relocate to one of Manhattan’s highest-performing office environments,” said James Sullivan, partner in charge of Alston & Bird’s New York office. “51W52, with its state-of-the-art amenities, rich legacy, and strong ownership team, will enhance our award-winning culture and inspire our attorneys and professional staff as we advise our clients on their increasingly complex legal challenges.”
The repositioning program introduced a reimagined lobby, destination-dispatch elevators and Club 53, a hospitality-driven amenity center featuring tenant lounges, conference and event facilities, fitness offerings and food and beverage services. The LEED Gold-certified property is the only skyscraper ever designed by renowned architect Eero Saarinen and is located steps from Rockefeller Center, MoMA, Fifth Avenue and Central Park, with convenient access to Grand Central Terminal and numerous subway lines.