As companies clamor to sublease their locations and negotiate lower rents with their landlords, investment bank Greenhill & Co. managed to get a reduction in a different way: by downsizing its office space. The firm plans to relocate its headquarters from Tishman Speyer’s 300 Park Avenue to a smaller office in the former Time Inc. building at 1271 Sixth Avenue, according to Crain’s. Although it’s unknown how much the firm paid in rent at its
source https://therealdeal.com/2020/11/04/greenhill-co-downsizes-midtown-office-for-cheaper-rent/
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