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Cravath’s Unusual Lease Condition – Above the Law



Ed.
Note:

Welcome
to
our
daily
feature

Trivia
Question
of
the
Day!


In
the
80s
when
Cravath
moved
from
Wall
Street
to
One
Worldwide
Plaza,
the
lease
required
the
developer
to
buy

and
demolish

what
nearby
business?


Hint:
The
firm
leased
the
space
in
exchange
for
a
7
percent
equity
stake
in
the
building
and
was
headquartered
there
from
1988
until
April
2024,
when
it
moved
to
the
Hudson
Yards.



See
the
answer
on
the
next
page.