The property asset involved in this lease transaction is an office located at 1120 6th Avenue in Manhattan. The total square footage of the leased space is 130,000 sq. ft., which ElevatedNY occupies across four floors at the Hippodrome Building. The asset enhances ElevatedNY's presence in the Midtown area with this expansion.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not disclosed
• Square Footage: 130,000
• Address: 1120 6th Avenue
• Market: Manhattan
• Landlord: Jon Dario - Edison Properties
• Tenant: ElevatedNY

In this transaction, Jon Dario represents Edison Properties as the landlord while ElevatedNY, the tenant, has expanded its footprint in the Midtown area. The notable increase in space highlights ElevatedNY's growth and objectives in the marketplace.