Goodwin Renews Lease at 200 Fifth Avenue, Signaling Confidence in Midtown South
Global law firm Goodwin has renewed and expanded its lease at 200 Fifth Avenue, occupying 243,000 square feet in a move that reaffirms the resilience of Midtown South’s premium office market. The 20-year lease agreement, struck with developer Boston Properties (BXP), keeps Goodwin as the anchor tenant in the historic Flatiron District building.
Under the new deal, Goodwin will maintain its current footprint across the 23rd to 27th floors and add a portion of the 22nd floor, giving the firm increased flexibility to accommodate post-pandemic workspace needs. The firm first moved into the building in 2010, shortly after BXP completed a significant redevelopment of the former Toy Center property into a Class A office destination.
The lease extension is a vote of confidence not only in the property but also in the Midtown South submarket, which has shown relative strength amid broader office sector headwinds. With premium office tenants seeking amenitized, well-located buildings, 200 Fifth Avenue has remained a top performer. Amenities such as a rooftop terrace, fitness center, and easy access to transit make it a competitive location for employers in legal, tech, and consumer sectors alike.
Originally constructed in 1909, the 870,000-square-foot building is also home to major FMCG and retail players including Grey Group and Tiffany & Co. The property has become a hub for brands seeking prestige and functional design in proximity to both clients and talent, particularly in the CPG and professional services sectors.
BXP was represented in-house during the lease negotiation, while JLL advised Goodwin. The long-term commitment by a leading international law firm provides further stability for one of the city’s most desirable commercial assets — and underscores ongoing demand for curated, high-quality office experiences.
For the FMCG sector, Goodwin’s renewal reinforces Midtown South’s strategic appeal as a base for brand consultancies, legal advisors, and financial partners. With more companies evaluating their office strategies, properties like 200 Fifth Avenue are setting a benchmark for flexibility, location, and tenant retention.