Following months of speculation about where Chadbourne & Parke would move its New York office once its current lease expires, the firm announced Thursday that it has agreed to take over a portion of the space previously occupied by Dewey & LeBoeuf at 1301 Avenue of the Americas in midtown Manhattan.

Chadbourne signed a 20-year lease and will move into the new space “once the demolition, redesign, and build-out of its new offices are finished,” according to a press release. The move will be a short one given that the firm’s New York office is currently located around the corner at 30 Rockefeller Plaza. As The Am Law Daily previously reported, Chadbourne’s current lease is set to expire in 2014, and accounting firm Deloitte is already set to take over the floors the firm currently inhabits.