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LS Power Renews 13,700 Square Foot Lease At Rockpoint's 1700 Broadway In Midtown Manhattan

Property Image
LEASED
$85
Benjamin (Ben) Friedland
Peter Shimkin
+ 2

New York

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Office13,700 SF
Leased 01/09/2025
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Property Image
LEASED

LS Power Renews 13,700 Square Foot Lease At Rockpoint's 1700 Broadway In Midtown Manhattan

1700 Broadway

See Similar Deals
Office13,700 SF
Leased 01/09/2025
Benjamin (Ben) Friedland
Peter Shimkin
+ 2
Contact now

Summary

NEW YORK
Asset Type:Office
Price Per Square Foot:$85
Total Square Footage:13,700 SF
Transaction Type:Lease

The office asset located at 1700 Broadway in Midtown Manhattan consists of a lease renewal for 13,700 square feet on the 38th floor. The asking rent for this property is set at $85 per square foot.

Summary of transaction details:

The deal features the involvement of key representatives from real estate firms, with David Falk and Peter Shimkin acting as the landlord's representatives from Newmark, while the tenant is represented by Benjamin Friedland, Gary Davies, and Taylor Scheinman from CBRE.

Players

David Falk
59 deals
BROKER

Peter Shimkin
Newmark
32 deals$10M volume
BROKER

Taylor Scheinman
CBRE
6 deals
BROKER

Benjamin (Ben) Friedland
CBRE
9 deals
BROKER

Details

LEASED
IMAGE: David Falk, Peter Shimkin, Bill Walton, Keith Gelb, Gary Davies, Taylor Scheinman & Benjamin Friedland DATE: 01/09/2025 ADDRESS: 1700 Broadway MARKET: Midtown Manhattan ASSET TYPE: Office LANDLORD: Keith Gelb - Rockpoint TENANT: LS Power LANDLORD'S REP: David Falk & Peter Shimkin - Newmark (@Newmark) TENANT'S REP: Benjamin Friedland (@BFriedland), Gary Davies & Taylor Scheinman (@TaylsieSchein) - CBRE (@CBRE) ASKING RENT: $85/ft ~ SF: 13,700 NOTE: Energy infrastructure firm LS Power has renewed its lease for 13,700 square feet on the 38th floor of Rockpoint's 1700 Broadway office building in Midtown, New York.

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Deal Type
Effective Rent (Annual)

$1,334,968.75

Total Lease Value

$13,349,687.46

Net Landlord Cash Flow$1,334,968.75