IMGN Subleases 8,000 S/f Office Space At 142 W 36th St For $62 Psf

An office asset located at 142 W 36th St, New York, NY, 10018, was leased with a total square footage of 8,000. The asking rent for this sublease was set at $62 per square foot. The sublettor in this transaction was EJ2 Communications, and the landlord in this transaction is Alduwaliya Asset Management Ltd.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $62 psf
• Address: 142 W 36th St, New York, NY, 10018
• Square Feet: 8000
• Landlord: EJ2 Communications
• Sublessor: Alduwaliya Asset Management Ltd.
• Tenant: IMGN
• Landlord's Rep: Owen Reda-Newmark
• Tenant's Reps: Michael Hymowitz and Joel Kubie of LSL Advisors

This transaction involved key representatives such as Owen Reda from Newmark representing the landlord EJ2 Communications, while Michael Hymowitz and Joel Kubie from LSL Advisors represented the tenant, IMGN. With this deal, IMGN secured an 8,000 square foot sublease at the specified address in New York's market.