John Blair & Company Leases Event Space/Nightclub At 510 West 42nd Street In Midtown West

An event space/nightclub located at 510 West 42nd Street in Midtown West has been leased. The transaction took place on January 20, 2021.

Summary of transaction details

• Property Type: Event space/Nightclub
• Transaction Amount: Lease
• Address: 510 West 42nd Street
• Market: Midtown West
• Tenant: John Blair & Company
• Landlord: Cachet Hotel & @AdamHochfelder
• Broker: @JamesFamularo - Meridian Retail Leasing
• Asking Rent: $60/ft.
• Square Footage: 20,000
• Annual Rent: $1.2M

John Blair & Company has leased the event space/nightclub from the landlord, Cachet Hotel & @AdamHochfelder. The lease was facilitated by @JamesFamularo of Meridian Retail Leasing. The asking rent for the 20,000 square feet property was $60 per square foot, resulting in an annual rent of $1.2 million.