The property involved in this transaction is an office asset located at 1407 Broadway in Midtown South, encompassing 47,000 square feet. The lease arrangement provides a secured location for S. Rothschild, a luxury outerwear manufacturer, through a 10-year term that extends until 2035.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not specified
• Address: 1407 Broadway
• Market: Midtown South
• Asset Size: 47,000 SF
• Landlord: Brandon J. Shorenstein - Shorenstein Properties
• Tenant: Mark Friedman - S. Rothschild
• Landlord's Representative: Bob Forman - Shorenstein Properties
• Tenant's Representatives: Matthew Feigen & Peter Sabesan - Cresa
• Lease Term: 10-year lease

Cresa played a pivotal role in arranging the lease renewal for S. Rothschild, ensuring they maintain their operational footprint at 1407 Broadway. This agreement reflects the ongoing relationship between the landlord and tenant, with the renewal guaranteeing a stable occupancy for the property owner through the entirety of the lease term.