Vantage Advisors Facilitates Blue Mezze Lease At Historic Life Hotel In Nomad

The Hotel located at 19 West 31st Street in Manhattan was leased by Blue Mezze from Landlord Capstone Equities. The lease terms include an asking rent of $150 per square foot for a 3,000 square foot space with a lease term of 15 years.

Summary of transaction details:

• Property Type: Hotel
• Transaction Amount: Not Applicable
• Address: 19 West 31st Street
• Market: Manhattan
• Landlord: Capstone Equities
• Tenant: Blue Mezze
• Broker: Danny Volk - Vantage Advisors
• Asking Rent: $150/ft
• Size: 3,000 square feet
• Lease Term: 15 years

Danny Volk from Vantage Advisors represented both the Landlord, Capstone Equities, and the Tenant, Blue Mezze, in this transaction. His extensive experience in the Nomad neighborhood, evident from Vantage's numerous deals in the area, contributed to the successful completion of this 15-year lease. The historic significance of the property, known as the Life Hotel, adds a unique charm to this transaction, considering its rich history dating back to 1895 as the original headquarters for Life Magazine.