Office Lease Negotiations Flame Merger Rumors at Pennie & Edmonds

Law360, New York (November 11, 2003, 12:00 AM EST) -- A squabble over a real estate deal has flamed rumors over the plans of intellectual property firm Pennie & Edmonds, the New York Post reported Tuesday.

Pennie & Edmonds leases about 120,000 square feet on seven floors at Douglas Durst's 1155 Sixth Ave., at 44th Street. Its lease is up next year, but renewal talks broke off some time ago, according to the New York Post's real estate column.

Brokerage sources blame the breakdown of talks at 1155 Sixth, and for a block of sublease space...
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