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Empire State Realty Trust Leases Office Space To Claims Conference At 1359 Broadway

Property Image
LEASED
$62
Neil King
Meghan Allen
+ 1

New York

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Office33,803 SF
Leased 03/28/2023
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Property Image
LEASED

Empire State Realty Trust Leases Office Space To Claims Conference At 1359 Broadway

1359 Broadway, New York City, New York 10018, United States

See Similar Deals
Office33,803 SF
Leased 03/28/2023
Neil King
Meghan Allen
+ 1
Contact now

Summary

NEW YORK
Asset Type:Office
Price Per Square Foot:$62
Total Square Footage:33,803 SF
Transaction Type:Lease

The leased property involved in this transaction is an office space located at 1359 Broadway in New York's real estate market. The lease was finalized on 03/28/2023 and spans a total of 11 years. The total square footage of the office space is 33,803, with an asking rent of $62 per square foot.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: Not applicable
  • Address: 1359 Broadway
  • Market: New York

The landlord for this lease is Empire State Realty Trust, while the tenant is Claims Conference. The landlord was represented by Paul Amrich, Neil King, Emily Chabrier, Meghan Allen, and Shay Kenney from CBRE. On the other hand, the tenant was represented by Jason Schwartzenberg from Savills.

Players

Paul Amrich
37 deals
BROKER

Neil King
CBRE
29 deals
BROKER

Emily Jones Chabrier
CBRE
15 deals(408) 832-3575
BROKER

Meghan Allen
CBRE
15 deals
BROKER

Empire State Realty Trust
LANDLORD

Details

LEASED
IMAGE: Paul Amrich, Emily Chabrier, Neil King, Meghan Allen, Jason Schwartzenberg & Shay Kenney DATE: 03/28/2023 ADDRESS: 1359 Broadway MARKET: New York ASSET TYPE: Office LANDLORD: Empire State Realty Trust (@ESRTSocial) TENANT: Claims Conference LANDLORD'S REP: Paul Amrich, Neil King, Emily Chabrier, Meghan Allen & Shay Kenney (@Shay_Kenney) - CBRE (@CBRE) TENANT'S REP: Jason Schwartzenberg (@JasonSchwartzenberg) - Savills (@Savills) ASKING RENT: $62/ft. ~ SF: 33,803 LEASE TERMS: 11-year

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Deal Type
Effective Rent (Annual)

$2,402,583.78

Total Lease Value

$24,025,837.77

Net Landlord Cash Flow$2,402,583.78