Durst Organization Leases 68,000 SF Office Space To Mitsubishi International At 151 West 42nd Street

The office space located at 151 West 42nd Street in Midtown Manhattan has been leased in a closed transaction. The landlord, Durst Organization, represented by Jonathan Durst, has entered into a lease agreement with the tenant, Mitsubishi International Corporation. The lease term is for 20 years and the property offers 68,000 square feet of space. The asking rent for the office is $105 per square foot.

Summary of transaction details:

• Property Type: Office
• Tenant: Mitsubishi International Corporation
• Landlord: Durst Organization - Jonathan Durst
• Tenant's Representative: Moshe Sukenik, Noel Flagg & E.N. Cutler - Newmark
• Landlord's Representative: Tom Bow, Rocco Romeo & Tanya Grimaldo
• Asking Rent: $105/ft.
• Square Footage: 68,000
• Term: 20-year

Moshe Sukenik, Noel Flagg, and E.N. Cutler from Newmark represented Mitsubishi International Corporation in the lease negotiation. On the landlord's side, the representatives were Tom Bow, Rocco Romeo, and Tanya Grimaldo. This transaction paves the way for Mitsubishi International Corporation to establish its presence in the office space at 151 West 42nd Street, Midtown Manhattan.