Practising Law Institute, a prestigious nonprofit continuing legal education organization, will soon have new digs on booming Sixth Avenue.
The Institute just signed a lease for 68,000 square feet at Silverstein-managed 1177 Sixth, aka the Americas Tower, at 45th Street - a modest expansion over the space it'll leave behind at SL Green's 810 Seventh Ave., sources said.
PLI offers courses and other support resources to the legal profession. The asking rent was $66 a square foot.
A Jones Lang LaSalle team of Paul Glickman, Frank Doyle, Mitti Liebersohn and Cynthia Wasserberger repped Silverstein Properties. Glickman said PLI will have its own entrance on West 45th Street.
Glickman cited the tower's "tremendous infrastructure, large and efficient floor plates and lobby enhancements which are in progress" as helping lure PLI.
PLI was repped by Studley's Ira Schulman, David Goldstein, Patrick Gardner and Howard Poretsky, who declined to comment.