Home Laws & Taxes Law Firm Gersten Savage Completes $1 Million Renovation, Adds to Modern Art...

Law Firm Gersten Savage Completes $1 Million Renovation, Adds to Modern Art Collection

NEW YORK, Nov. 8 /PRNewswire/ — Gersten Savage LLP, one of New York’s top five independent law firms, has renewed its 10-year lease for 19,616 square feet at 600 Lexington Avenue and is completing approximately $1 million in capital improvements, the firm announced. As part of the renovation, the firm is adding several new works to its modern art collection.

Working with architectural firm MDKA, Gersten Savage, which has over 50 employees, has reconfigured its space over the firm’s two floors to provide greater functionality. In addition to new workstations, lighting and furniture, the firm has upgraded computer systems and installed wireless technology. Gersten Savage, which specializes in securities regulation, general corporate law and finance, is celebrating its 30th anniversary this year as an independent firm.

“With the decision to remain in our current space, we felt the timing was right to undertake a significant renovation,” said
Jay Kaplowitz, the firm’s managing partner. “Enhancing our offices has also provided another way to mark the milestone of our 30th anniversary.”

To complement the renovation, the firm is augmenting its collection of more than 50 works by modern American artists including Roy Lichtenstein, Ed Baynard, John Newman, Louisa Chase and Alexis Rockman. Several new works by artists Alfred Jensen, Tim Rollins and K.O.S., and William Brice will be added to the collection. Works are displayed in Gersten’s offices on a rotating basis, and are loaned to local galleries and other venues for exhibit.

Kaplowitz has been a modern art aficionado and collector over decades. “As a firm, we celebrate the American modern art movement by acquiring and displaying works that represent the best of America’s contemporary artists,” he said.

About Gersten Savage LLP

Gersten Savage LLP, founded in 1977, is considered one of New York City’s top five independent law firms. A full-service firm, Gersten Savage’s practice groups cover corporate, finance, tax, litigation, bankruptcy, real estate, and intellectual property in the United States and throughout the world. The firm is celebrating its 30th anniversary this year.

Gersten Savage represents issuers and broker dealers on matters ranging from private placements, public underwritings, regulatory compliance, and merger and acquisitions. The firm also represents principals in the establishment of hedge funds and off-shore financing entities. In addition, the firm represents start-up companies, established public and private enterprises, domestic and offshore investment partnerships, and registered investment advisors. Its international and tax planning division is able to provide a full range of legal services to its clients is enhanced by intellectual property, bankruptcy and real estate expertise. The firm’s clients span a broad range of industries, including investment banking, e-commerce, consumer products, insurance, health-care, manufacturing, importing, mining, oil and gas, distribution, and retailing.

SOURCE Gersten Savage LLP

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