The asset involved in this transaction is an office property located at 1 Battery Park Plaza in Midtown Manhattan. SFA Agency has signed a lease extension for a total of 14,071 square feet of space, which includes an expansion of 5,170 square feet. The tenant will be relocating within the building from the 33rd floor to the 25th floor, with the lease extension encompassing a term of 10 years.

This transaction involves key representatives including Michael Rudin from Rudin Management Company, who serves as the landlord, alongside the appointed brokers Kevin Daly from Rudin Management Company and Scott Vinett from Savills. The strategic decision by SFA Agency to expand their footprint signifies an important shift in their operations within the Midtown Manhattan office market.