TPG Architecture Signs Lease For Office Space At 132 W 31st St, New York

The office lease renewal at 132 West 31st Street in Midtown Manhattan’s Penn Plaza district spans 40,431 square feet. The property was originally constructed in the 1920s and has recently undergone renovations that include enhancements to the lobby, meeting rooms, elevators, and the introduction of new food and beverage offerings.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not Applicable
• Address: 132 W 31st St, New York, NY, 10001
• Market: New York
• Tenant's Rep: Michael Monahan(CBRE), William (Bill) Iacovelli(CBRE)
• Landlord's Rep: Kyle Young(JLL), Matthew Astrachan(JLL)
• Brokers: Mark Ravesloot(CBRE), Mitchell Konsker(JLL)
• Tenant: TPG Architecture
• Landlord: Vanbarton Group
• Square Feet: 40431

JLL's Mitchell Konsker, Matthew Astrachan, Kyle Young, and Thomas Swartz were the representatives for the landlord, Vanbarton Group, in the lease negotiations. On the other side, CBRE's Mark Ravesloot, Michael Monahan, and William Iacovelli acted as the representatives for the tenant, TPG Architecture.