SYRACUSE — Syracuse–based law firm Costello, Cooney & Fearon, PLLC is preparing to move its headquarters from Franklin Square to Armory Square. The firm’s operations at 500 Plum St. and at 5701 W. Genesee St. in Camillus will move into the first floor in the Jefferson Clinton Commons, at 211 W. Jefferson St., across from […]
SYRACUSE — Syracuse–based law firm Costello, Cooney & Fearon, PLLC is preparing to move its headquarters from Franklin Square to Armory Square.
The firm’s operations at 500 Plum St. and at 5701 W. Genesee St. in Camillus will move into the first floor in the Jefferson Clinton Commons, at 211 W. Jefferson St., across from the Milton J. Rubenstein Museum of Science & Technology, or the MOST.
The law firm hopes to move to its new location by Oct. 1. Robert Smith, CEO of Costello, Cooney & Fearon, tells CNYBJ.
The firm had opened its Camillus location about a decade ago and “saw the value” in having all the local employees back under one roof.
“This new space that we’re going into gives us that opportunity,” says Smith, who spoke with CNYBJ on Feb. 17.
Costello, Cooney & Fearon has finalized a lease with Jefferson Clinton Commons building owner Washington St. Partners for 35,000 square feet of office space. The 80-employee law firm will be occupying the building’s entire first floor.
The firm will be vacating a 24,000-square-foot space in Franklin Square and an 8,000-square-foot space in Camillus, according to Smith.
John Clark and Brian Balash of Cushman Wakefield/Pyramid Brokerage brokered the transaction, the law firm says.
The Costello firm had looked at three or four other places in the downtown area before deciding on a location for which it signed a 10-year lease, says Smith.
“We determined we weren’t going to go to the suburbs. We determined we wanted to be in the city of Syracuse and wanted to be in the city center with proximity to court houses and other clients of the law firm,” he adds.
The firm’s move into the Jefferson Clinton Commons will require a buildout, but Smith declined to disclose the cost involved.
The firm will move more than 60 employees from the 500 Plum Street office, along with about 16 employees from the Camillus location.
Altogether, Costello, Cooney & Fearon has 39 attorneys, 18 of whom are partners in the firm, according to Smith.
Costello, Cooney & Fearon’s move to the Jefferson Clinton Commons will impact some of the building’s existing tenants. Mower, an anchor tenant and Central New York’s second-largest advertising agency (as measured by number of local employees), will move upstairs to the building’s second floor, Stephanie Crockett, executive VP and managing director, tells CNYBJ in an email.
CNYBJ, which also operates on the first floor, will be leaving the building this summer.
Headquartered in Syracuse and with an office in Albany, Costello, Cooney & Fearon provides legal services in the areas of litigation; labor and employment; environmental; estate planning; banking/commercial; real estate law; along with civil litigation, commercial litigation, and education law.