Maybern Leases 11,000 Square Feet At 10 Astor Place From GFP Real Estate In NoHo

The asset involved in the transaction is an office space located at 10 Astor Place in NoHo. This property encompasses a total of 11,000 square feet and is situated on the third floor, offering turnkey office solutions that were previously refurbished in 2021. The space was formerly occupied by Force Therapeutics.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not specified
• Address: 10 Astor Place
• Market: NoHo
• Landlord: GFP Real Estate
• Tenant: Ross Mechanic - Maybern
• Landlord's Representative: Anthony Sciacca, Brittany Silver, Robert Silver - Newmark & Neith Stone - GFP Real Estate
• Tenant's Representative: Jonathan Franzel & Leo Kone - Newmark

Maybern, represented by Jonathan Franzel and Leo Kone from Newmark, signed a three-year lease to utilize the space as executive and administrative offices. The company plans to relocate from 598 Broadway in SoHo and emphasizes the importance of in-office operations for enhancing collaboration and innovation. Additionally, the property has historical significance, having been built in 1876 by architect Griffith Thomas in a neo-Grecian style and originally functioning as a factory and printing office.