Robert Derector Assoc. Expands Lease At 19 W 44th St, NYC For15 Year
LEASED
New York
See Similar DealsOffice33,600 SF
Leased 10/27/2015
LEASED
Robert Derector Assoc. Expands Lease At 19 W 44th St, NYC For15 Year
19 W 44th St, New York, NY, 10036
See Similar DealsOffice33,600 SF
Leased 10/27/2015
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:33,600 SF
Transaction Type:Lease
Located at 19 West 44th Street in New York, NY, 10036, the office property involved in the transaction spans 33,600 square feet. The tenant, Robert Derector Associates, signed a 15-year lease for an expansion at this address. The landlord of the property is SL Green, a prominent player in the New York real estate market.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Tenant's Representative: Robert Yaffa and Wayne Van Aken from Cushman & Wakefield
- Tenant: Robert Derector Associates
- Landlord: SL Green
Cushman & Wakefield's Robert Yaffa and Wayne Van Aken represented the tenant in the deal, while JLL's Barbara Winter and William Korchak served as the landlord's representatives, facilitating the 15-year lease agreement at 19 West 44th Street.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$1,925,931.72
Total Lease Value
$19,259,317.24
Net Landlord Cash Flow$1,925,931.72
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