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Uncommon Schools Signs 30-Year Lease For Office Space At 100 Church Street In Downtown Manhattan

Property Image
LEASED
$48
Daniel Appel
Scott Klau
+ 4

New York

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Office27,833 SF
Leased 02/01/2024
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Property Image
LEASED

Uncommon Schools Signs 30-Year Lease For Office Space At 100 Church Street In Downtown Manhattan

100 Church Street

See Similar Deals
Office27,833 SF
Leased 02/01/2024
Daniel Appel
Scott Klau
+ 4
Contact now

Summary

NEW YORK
Asset Type:Office
Price Per Square Foot:$48
Total Square Footage:27,833 SF
Transaction Type:Lease

Located at 100 Church Street in Downtown Manhattan, this recently closed property transaction involved the lease of an office space. The property was leased by Uncommon Schools, with SL Green acting as the landlord.

Summary of transaction details:

  • Property Type: Office
  • Address: 100 Church Street
  • Market: Downtown Manhattan
  • Tenant: Uncommon Schools
  • Landlord: SL Green
  • Asking Rent: $48/ft
  • Lease Term: 30 years
  • Lease Type: Modified Gross Lease
  • Square Footage: 27,833

The tenant's representatives for this deal were Daniel Lolai, Eric Siegel, Wayne Siegel, and Brian Siegel from LSL Advisors. On the other side, Scott Klau, Daniel Appel, and Hal D. Stein from Newmark represented the landlord, SL Green.

Players

Daniel Lolai
91 deals$211.9M volume
BROKER

Eric Siegel
LSL Advisors
56 deals$96M volume(732) 615-8506
BROKER

Wayne Siegel
LSL Advisors
30 deals$73.4M volume
BROKER

Scott Klau
Newmark
21 deals
BROKER



Details

LEASED
IMAGE: Eric Siegel, Wayne Siegel, Brian Siegel, Scott Klau, Daniel Appel & Hal D. Stein DATE: 02/01/2024 ADDRESS: 100 Church Street MARKET: Downtown Manhattan ASSET TYPE: Office LANDLORD: SL Green TENANT: Uncommon Schools LANDLORD'S REP: Scott Klau, Daniel Appel & Hal D. Stein - Newmark (@Newmark) TENANT'S REP: Daniel Lolai (@DanLolai), Eric Siegel (@EricSiegelll), Wayne Siegel & Brian Siegel - LSL Advisors (@LSLAdvisors) ASKING RENT: $48/ft ~ SF: 27,833 LEASE TYPE: Modified Gross Lease LEASE TERM: 30 years

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Deal Type
Effective Rent (Annual)

$1,531,555.93

Total Lease Value

$15,315,559.34

Net Landlord Cash Flow$1,531,555.93