Incline Equity Partners Expands NYC Office Footprint With 14,198 Square Feet Lease At 101 Park Avenue

The property involved in the transaction is located at 101 Park Avenue in Manhattan. It is an office asset type with a total square footage of 14,198 and was leased at an asking rent of $105 per foot.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $105/ft
• Address: 101 Park Avenue
• Market: Manhattan
• Landlord: Peter S. Kalikow & Kathryn Kalikow - H.J. Kalikow
• Tenant: Jack Glover - Incline Equity Partners
• Landlord's Representative: John Cefaly & Nicholas Dysenchuk - Cushman & Wakefield
• Tenant's Representatives: Alexander Chudnoff, Harrison Potter, Kate Roush & Nick Francic - JLL
• Square Footage: 14,198
• Existing Footprint: 18,000 square feet

The transaction highlights the involvement of key players in commercial real estate, including the landlord representatives from Cushman & Wakefield and the tenant representatives from JLL, outlining their roles in facilitating the lease expansion for Incline Equity Partners to grow their office presence in New York City.