Starr Insurance Expands NYC Regional Headquarters With Lease At 1177 6th Avenue

The asset involved in this transaction is an office space located at 1177 6th Avenue in Midtown Manhattan. The asking rent was set at $80 per square foot for a total of 49,264 square feet. The lease agreement has been established for the 7th and 8th floors of the building.

Summary of transation details:

• Property Type: Office
• Transaction Amount: $3,941,120
• Lease Date: 05/19/2025
• Landlord: Lisa Silverstein - Silverstein Properties
• Tenant: Starr Insurance
• Landlord's Representative: Anthony LoPresti, Caroline Collins, Lou D’Avanzo - Cushman & Wakefield & Harlan Strader - Silverstein Properties
• Tenant's Representative: Alex Lachmund, John Picco & Peter Kerans - Cushman & Wakefield

This lease marks Starr Insurance's expansion of its NYC regional headquarters, affirming its presence in the office space market with a significant commitment to this new location, reflecting a strategic move for the company.