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Five Iron Golf Leases 15,300 Square Feet At Vornado Realty Trust's 1290 Sixth Avenue

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LEASED
Anthony Dattoma
Taylor Reynolds
Jason C. Goode
+ 2

New York

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Office15,300 SF
Leased 10/01/2024
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Property Image
LEASED

Five Iron Golf Leases 15,300 Square Feet At Vornado Realty Trust's 1290 Sixth Avenue

1290 6th Avenue

See Similar Deals
Office15,300 SF
Leased 10/01/2024
Anthony Dattoma
Taylor Reynolds
Jason C. Goode
+ 2
the dealplayerscompscontact
Contact now

Summary

NEW YORK
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:15,300 SF
Transaction Type:Lease

The property asset involved is an office space located at 1290 6th Avenue in Midtown Manhattan. The lease encompasses a total area of 15,300 square feet, with asking rents in the building ranging from $95 to $105 per square foot.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not disclosed
  • Landlord: Vornado Realty Trust (VNO)
  • Tenant: Jared Solomon - Five Iron Golf
  • Landlord's Representatives: Jason Greenstone, Michael O’Neill & Taylor Reynolds - Cushman & Wakefield
  • Tenant's Representatives: Anthony Dattoma - CBRE & Jason C. Goode - Compass
  • Lease Term: 10-year term
  • Expected Opening: Late 2025

This transaction features Jared Solomon representing Five Iron Golf, which aims to enhance local community engagement and nightlife with this new location. The property's environment is strategically aligned with Vornado Realty Trust's objectives.

Players

Jason C. Goode
Compass
Jason C. Goode
2 deals$9.8M volume
BROKER
Taylor Reynolds
Cushman & Wakefield
Taylor Reynolds
6 deals
BROKER
Anthony Dattoma
CBRE
Anthony Dattoma
6 deals
BROKER
Jason Greenstone
Cushman & Wakefield
Jason Greenstone
11 deals(212) 841-7713
BROKER
Michael O'Neill
Cushman & Wakefield
Michael O'Neill
9 deals(312) 470-1800
BROKER

Details

LEASED
IMAGE: Taylor Reynolds, Michael O’Neill, Jason Greenstone, Jared Solomon, Jason C. Goode & Anthony Dattoma DATE: 10/01/2024 ADDRESS: 1290 6th Avenue MARKET: Midtown Manhattan ASSET TYPE: Office ~ SF: 15,300 LANDLORD: Vornado Realty Trust (VNO) (@VornadoRealtyTrust) TENANT: Jared Solomon - Five Iron Golf LANDLORD'S REP: Jason Greenstone (@Yaysone), Michael O’Neill & Taylor Reynolds - Cushman & Wakefield TENANT'S REP: Anthony Dattoma (@AmDattom) - CBRE & Jason C. Goode (@JasonCGoode) - Compass (@Compass) LEASE TERM: 10-year term NOTE: Five Iron Golf has secured a 15,300-square-foot lease at Vornado Realty Trust’s 1290 Avenue of the Americas, set to open in late 2025, marking its seventh location in New York City. The 10-year lease reflects the company’s aim to enhance local community engagement and nightlife, complementing Vornado's property environment, with asking rents in the building ranging from $95 to $105 per square foot. ’Neill

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Deal Type
Effective Rent (Annual)

$876,986.77

Total Lease Value

$8,769,867.67

Net Landlord Cash Flow$876,986.77