Daily limit: 0/10
Barry M. Gosin Of Newmark Signs 15-Year Lease Renewal At SL Green's 125 Park Avenue
LEASED
New York
See Similar DealsOffice184,239 SF
Leased 03/03/2025
LEASED
Barry M. Gosin Of Newmark Signs 15-Year Lease Renewal At SL Green's 125 Park Avenue
125 Park Avenue
See Similar DealsOffice184,239 SF
Leased 03/03/2025
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:184,239 SF
Transaction Type:Lease
The property involved in this transaction is located at 125 Park Avenue in Midtown Manhattan, offering a total of 184,239 square feet of office space. The asset is owned by SL Green, a prominent entity in the real estate market.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not disclosed
- Lease Term: 15-year renewal & expansion
- Landlord: Steven Durels & Marc Holliday - SL Green
- Tenant: Barry M. Gosin - Newmark
- Brokers: Brian Waterman & Jason Perla - Newmark
This lease agreement signifies Newmark's commitment to its presence in Midtown, as they have increased their headquarters at this notable location. The deal reflects the ongoing strong demand for office spaces in the Midtown Manhattan market.
Players
LANDLORD
TENANT
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$10,560,468.30
Total Lease Value
$105,604,683.02
Net Landlord Cash Flow$10,560,468.30
Is there something missing? Send suggestions