113 University Place, located in the Greenwich Village market, is an office space that has been leased for 13,000 square feet. The asking rent for this property was set at $55 per square foot, and it falls under a Modified Gross Lease type.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $715,000
• Address: 113 University Place
• Landlord: Amalgamated Lithographers Union Local 1 - Patrick LoPresti
• Tenant: Resident Company Club
• Landlord's Representative: Avery Reavill, Christopher (Chris) Okada & Thomas Capuano - Okada & Company
• Tenant's Representative: Kirill Azovtsev - Savills
• Lease Date: 4/1/2025

The deal involved key brokers from Okada & Company, Avery Reavill, Thomas Capuano, and Christopher Okada, who represented the landlord, while Kirill Azovtsev from Savills represented the tenant. The transaction exemplifies collaboration between parties to secure a lease in a prime location.