Graphite Signs Five-Year Lease At Tishman Speyer's 148 Lafayette Street In SoHo For 24000 SF
148 Lafayette Street
Building Size
24,000 SF
Asset Type
Office
Closing
Jan 13, 2026
AI
The property involved in this transaction is an office asset located at 148 Lafayette Street in the SoHo market. The leased space amounts to 24,000 square feet and was previously occupied by Graphite at a smaller office of 7,000 square feet at 434 Broadway, representing a significant increase in size for the tenant.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not disclosed
- Address: 148 Lafayette Street
- Market: SoHo
- Landlord: Tishman Speyer
- Tenant: Graphite
- Landlord's Representative: Samantha Augarten
- Tenant's Representatives: Jonathan Franzel & Leo Koné - Newmark
- Lease Duration: Five years
- Previous Office Location: 434 Broadway
This lease transaction reflects the collaboration between Tishman Speyer, the landlord represented by Samantha Augarten, and the tenant Graphite, which was represented by Jonathan Franzel and Leo Koné from Newmark. The deal indicates a strategic relocation for Graphite to expand its operational footprint significantly.
Players
New York Office Market Snapshot
Boundary boundary · Office · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93