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&lt;p&gt;The Proskauer associate comments on the subject of &amp;ldquo;Office Space&amp;rdquo; in the 2010 Vault Associate Survey share some basic themes: &amp;ldquo;Office space is outdated &amp;hellip; Building is inefficient &amp;hellip; Hope we move soon &amp;hellip; We are looking to move &amp;hellip;.&amp;rdquo; Well, sometimes associates&amp;rsquo; daydreams do come true: Proskauer Rose has signed a deal to become the anchor tenant at 11 Times Square under &amp;ldquo;extremely favorable&amp;rdquo; terms, according to the &lt;i&gt;New York Law Journal&lt;/i&gt;.&amp;nbsp; &lt;/p&gt;&lt;p&gt;According to the &lt;i&gt;Journal&lt;/i&gt;, the lease can be taken as &amp;ldquo;an encouraging sign of recovery in the commercial real estate market.&amp;rdquo; The building&amp;rsquo;s developers and owners, SJP Properties,&amp;nbsp;broke ground for the project in May 2007, which probably seemed like a really good idea at the time. (Proskauer is the first-and-only tenant so far.) &amp;ldquo;We&#39;re taking advantage of what I think is really the opportune time in terms of the New York real estate market,&amp;rdquo; said Proskauer&amp;rsquo;s chairman Allen Fagin.&amp;nbsp; (In other words, Fagin&amp;rsquo;s firm did to SJP what his Dickensian namesake did to Victorian Londoners.)&lt;/p&gt;&lt;p&gt;On the subject of Green/Sustainability, Proskauer survey respondents told Vault, &amp;ldquo;The firm is constantly looking for ways to be greener.&amp;rdquo; Yet, until now, this impulse hasn&amp;rsquo;t amounted to much: &amp;ldquo;The firm has a &amp;lsquo;GreenSpaces&amp;rsquo; initiative, but it&#39;s toothless. Setting all copies to double-sided as a default was a nice touch. But the &amp;lsquo;recycle bins&amp;rsquo; in most attorney&#39;s offices just get dumped into the trash by the night cleaning crews.&amp;rdquo; With the move to 11 Times Square, however, the firm takes its sustainability measures to higher level: &amp;ldquo;the space features a glass-curtain exterior that the developer said will benefit environmentally conscious tenants in terms of reducing heat gain, thermal loss and utility costs.&amp;rdquo; So put that in your pipe and smoke it, hippies.&lt;/p&gt;&lt;p&gt;The most intriguing aspect of the deal has to be that Proskauer &amp;ldquo;landed exclusive signage rights for a 50-foot-long, 20-foot-high backlit sign near the top of the 40-story building.&amp;rdquo; That is one whopping big neon sign for a law firm, putting Paul Hastings to shame.&amp;nbsp; With that sign, expect Proskauer to achieve one of BigLaw&amp;rsquo;s highest recognizability quotients within a couple of years.&lt;/p&gt;&lt;p align=&quot;right&quot;&gt;-posted by brian&lt;/p&gt;

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