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17 State St New York

BFC Partners Signs 10-Year Lease At 17 State Street In Financial District With Landlord Aby Rosen
LEASEDOffice

BFC Partners Signs 10-Year Lease At 17 State Street In Financial District With Landlord Aby Rosen

17 State St New York

Building Size

13,758 SF

Asset Type

Office

Closing

Mar 23, 2026

AI

The property asset involved in this transaction is a 13,758-square-foot office space located at 17 State Street in the Financial District of Lower Manhattan. The lease was signed by BFC Partners for a 10-year term.

Summary of transaction details:

The key individuals involved in the deal include Aby Rosen, representing the landlord RFR, and the representatives for BFC Partners, which include Ron Lo Russo, Harley Dalton, and Peter Kerans from Cushman & Wakefield. The landlord's representatives encompass AJ Camhi, Paul Milunec, and Ryan Silverman from RFR, as well as Mitchell Konsker, John Wheeler, Andrew Coe, and Margaux Kelleher from JLL.

Players

John Wheeler

JLL

Broker

$38.2M

vol

11 deals

Broker
RFR
RFRLandlord
BFC PARTNERS
BFC PARTNERSTenant

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