Telsey & Company Leases 12000 SF Office Space At 1501 Broadway, New York

The office property located at 1501 Broadway, New York, NY, 10036, is the site of the recent lease transaction involving Telsey + Company, a casting agency behind hit Broadway shows like Hamilton and Kinky Boots. The 12,000 square feet space, known as the Paramount Building, was leased by Telsey + Company for a 10-year term.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not provided
• Tenant: Telsey + Company
• Tenant's Representative: Richard Plehn (Lee & Associates)
• Landlord: Paramount Leasehold
• Square Feet: 12,000
• Market: New York
• Asking Rent: $50/SF to $70/SF

The deal was facilitated by C&W’s Seth Hecht and Cresa New York’s Richard Plehn, representing the tenant, Telsey + Company. On the landlord's side, Avison Young’s Arthur Mirante and Michael Gottlieb played crucial roles in the lease agreement negotiations.