Empire State Realty Trust Leases 31,500 SF Office Space At 1400 Broadway To AXNY

1400 Broadway, located in Midtown, has been leased to AXNY. The office space spans approximately 31,500 square feet and was leased for an asking rent of $53 per square foot. The lease agreement was signed on September 28, 2021. Empire State Realty Trust is the landlord of the property, while Kohl's Dept Stores serves as the sublandlord. Daniel Lolai and Eric Siegel from LSL Advisors represented AXNY in the transaction. Matthew Astrachan and Erika McNeil from JLL represented the landlord, Empire State Realty Trust.

Summary of transaction details:

• Property Type: Office
• Transaction Date: September 28, 2021
• Address: 1400 Broadway, Midtown
• Sublandlord: Kohl's Dept Stores
• Subtenant: AXNY
• Tenant's Representatives: Daniel Lolai and Eric Siegel - LSL Advisors
• Landlord's Representatives: Matthew Astrachan and Erika McNeil - JLL
• Asking Rent: $53 per square foot
• Leased Square Footage: 31,500 square feet

Erika McNeil, Matthew Astrachan, Eric Siegel, and Daniel Lolai played instrumental roles in the lease transaction of 1400 Broadway. Erika McNeil and Matthew Astrachan represented the landlord, Empire State Realty Trust, while Daniel Lolai and Eric Siegel acted as AXNY's representatives through LSL Advisors.