RepRally Signs Five-Year Lease For 8308 Square Feet At 137 East 25th Street Kips Bay

The property asset involved in the transaction is an office located at 137 East 25th Street in the Kips Bay neighborhood of Manhattan. The leasing deal accommodates a space of 8,308 square feet with an asking rent set at $50 per square foot.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $415,400 (calculated based on the asking rent and square footage)
• Landlord: Kendrick Nguyen - Republic Investment Company
• Tenant: Justin Donovan - RepRally
• Landlord's Representatives: Matthew DeRose, Nicholas Hein & Calvin Bruwelheide - Nomad Group
• Tenant's Representative: Max Krantz - Norman Bobrow & Company

Wholesale platform RepRally is relocating its New York City headquarters from Flatiron to Kips Bay, having signed a five-year lease at this new address. The company will be positioned in a modernized tech-focused building, complemented by the proximity to Baruch College offices and other tenants.