Gettry Marcus Leases Office Space At 1407 Broadway, New York For $70/SF

The office property located at 1407 Broadway in New York, NY, 10018, boasts 13,797 square feet of space and commanded a rent of $70 per square foot. The transaction involved the tenant's representatives Richard Plehn of Lee & Associates and Vincent Tuminelli of Cresa negotiating on behalf of the tenant, Gettry Marcus, with the landlord, Solil Management.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not Applicable
• Market: New York
• Tenant's Representatives: Richard Plehn (Lee & Associates), Vincent Tuminelli (Cresa)
• Tenant: Gettry Marcus
• Landlord: Solil Management
• Rent/SF: $70
• Square Feet: 13,797

The collaboration between Richard Plehn of Lee & Associates and Vincent Tuminelli of Cresa on behalf of the tenant, Gettry Marcus, showcased effective negotiation skills in securing the office space at 1407 Broadway in the vibrant New York market. Solil Management, the landlord, demonstrated flexibility in working with the tenant's representatives to finalize the lease agreement.