The iconic building at One Bausch & Lomb Place has been renamed the Legacy Tower, Buckingham Properties and Morgan Management announced Friday.
The name Legacy Tower was selected to collectively pay tribute to Bausch & Lomb’s significant contribution to Rochester’s heritage and growth, as well as to honor Larry and Jane Glazer’s lasting legacy to the downtown Rochester landscape. The Glazers died in a plane crash on Sept. 5.
In addition, one of the property’s anchor tenants, Harter Secrest & Emery LLP, recently signed a 15-year lease to renew and expand its operations. Over the next several months, the firm will renovate its offices which total more than 82,000 square feet.
“Bausch & Lomb Tower was the last building my father added to our portfolio,” said Kenneth Glazer, managing partner of Buckingham Properties. “The acquisition and future success of the property falls in line with the vision my father and mother shared for an active and vibrant downtown.”
The 460,000 square foot Legacy Tower was purchased from Valeant Pharmaceuticals International in August by Buckingham Properties and Morgan Management.
The building was about half occupied at the time of purchase, with nine tenants employing more than 600 people.
“Since the transfer of ownership, there has been an abundance of activity,” said Joseph Rowley, director of leasing & marketing at Buckingham Properties. “Legacy Tower offers the highest quality Class A office space in Rochester and we are seeing a great deal of interest from firms looking to locate downtown again to be involved in the resurgence of the city center.”