CoStar’s Impact Awards Honors Ropes & Gray for “Lease of the Year in New York City”

Rankings & Awards
March 27, 2025

Ropes & Gray’s new lease with RXR for larger office space in midtown Manhattan was selected as “Lease of the Year in New York City” by CoStar Impact Awards. The awards celebrate the best commercial real estate projects & transactions and the publication described the significance of the deal as a “major law firm’s relocation proves staying power of midtown Manhattan office market.”

Ropes & Gray has more than 500 lawyers in New York among its global total of more than 1,600. Since 2015, headcount in New York has increased by 50%. The relocation to 1285 Avenue of the Americas in 2028 will provide the firm with more than 535,000 square feet of office space and a state-of-the-art environment.

The new 20-year lease marks a further step in Ropes & Gray’s substantial growth and commitment to fostering collaboration, innovation, and connectivity with clients in New York.