Mark Lazarus Of Versant Leases 249,054 Square Feet At 229 West 43rd Street, Manhattan

The property involved in this lease transaction is an office space located at 229 West 43rd Street in Manhattan. The asset has a substantial square footage of 249,054, providing ample space for business operations. This property has been historically significant as it is situated in the former New York Times Building.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not disclosed
• Address: 229 West 43rd Street
• Market: Manhattan
• Landlord: Adam B. Frazier - Columbia Property Trust
• Tenant: Mark Lazarus - Versant
• Lease Terms: 18-year extension and expansion lease

Mark Lazarus represents Versant in this transaction, securing a long-term lease in Midtown Manhattan. Adam B. Frazier represents Columbia Property Trust, the landlord, in this deal that allows Versant to expand its presence by adding three floors to its existing footprint.