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WeWork Leases Office Space At 135 E 57th St, New York For $80/SF

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LEASED
$80

New York

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Office27,000 SF
Leased 10/27/2021
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Property Image
LEASED

WeWork Leases Office Space At 135 E 57th St, New York For $80/SF

135 E 57th St, New York, NY, 10022

See Similar Deals
Office27,000 SF
Leased 10/27/2021
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Summary

NEW YORK
Asset Type:Office
Price Per Square Foot:$80
Total Square Footage:27,000 SF
Transaction Type:Lease

The office property located at 135 E 57th St, New York, NY, 10022, in the New York market, has been leased. The tenant, WeWork, will occupy a space of 27,000 square feet with a rent of $80 per square foot. The lease transaction was facilitated by Michael Schoenbrun from Meridian Capital Group, representing the tenant, and the landlord is Cohen Brothers Realty Corporation.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not applicable
  • Tenant: WeWork
  • Tenant's Representative: Michael Schoenbrun (Meridian Capital Group)
  • Landlord: Cohen Brothers Realty Corporation
  • Rent/SF: $80
  • Square Feet: 27,000
  • Address: 135 E 57th St, New York, NY, 10022
  • Market: New York

The deal involved WeWork as the tenant and Cohen Brothers Realty Corporation as the landlord. Michael Schoenbrun from Meridian Capital Group played a crucial role as the tenant's representative in finalizing the lease agreement for the office space. This transaction highlights the collaborative efforts between these key individuals and companies in the New York real estate market.

Players

Michael Schoenbrun
8 deals$50.5M volume(347) 941-0502
BROKER


WeWork
TENANT

Details

LEASED
IMAGE: 10/27/2021 ADDRESS: 135 E 57th St, New York, NY, 10022 MARKET: New York ASSET TYPE: Office TENANT'S REP: Michael Schoenbrun(Meridian Capital Group) TENANT: WeWork LANDLORD: Cohen Brothers Realty Corportation RENT/SF: 80 SQUARE FEET: 27000

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Deal Type
Effective Rent (Annual)

$2,476,197.93

Total Lease Value

$24,761,979.31

Net Landlord Cash Flow$2,476,197.93