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Legal Aid Society Signs 72,091 SF Office Lease At 199 Water St. Manhattan

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LEASED
Craig Reicher
+ 1

New York

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Office72,091 SF
Leased 07/19/2023
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Property Image
LEASED

Legal Aid Society Signs 72,091 SF Office Lease At 199 Water St. Manhattan

199 Water Street New York, New York 10038, USA

See Similar Deals
Office72,091 SF
Leased 07/19/2023
Craig Reicher
+ 1
Contact now

Summary

NEW YORK
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:72,091 SF
Transaction Type:Lease

The Legal Aid Society has signed a five-year lease for 72,091 square feet of office space at 199 Water St. in Manhattan. The landlord for this lease is Jack Resnick & Sons, represented by Adam Rappaport and Brett Greenberg. The tenant is The Legal Aid Society, a renowned organization providing legal services to low-income individuals. The leasing deal was facilitated by Craig Reicher and Christopher W. Mansfield of CBRE.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not provided
  • Address: 199 Water Street, Manhattan
  • Market: Manhattan
  • Square Footage: 72,091

This lease marks a significant commitment by The Legal Aid Society to establish and maintain a presence in Manhattan. The office space at 199 Water St. provides ample room for the organization's operations and aligns with their mission of providing legal services to those in need. The collaboration between the landlord, Jack Resnick & Sons, and the tenant, The Legal Aid Society, ensures a mutually beneficial agreement that benefits both parties involved.

Players

Christopher W. Mansfield
14 deals
BROKER

Craig Reicher
CBRE
17 deals
BROKER


Jack Resnick & Sons
LANDLORD

3 deals
LANDLORD

Details

LEASED
IMAGE: Craig Reicher, Adam Rappaport, Brett Greenberg & Christopher W. Mansfield DATE: 07/19/2023 ADDRESS: 199 Water Street MARKET: Manhattan ASSET TYPE: Office ~ SF: 72,091 LANDLORD: Jack Resnick & Sons - Adam Rappaport & Brett Greenberg TENANT: The Legal Aid Society (@LegalAidNYC) BROKERS: Craig Reicher & Christopher W. Mansfield - CBRE (@CBRE) LEASE TERM: Five years NOTE: The Legal Aid Society has signed a five-year lease for 72,091 square feet of office space at 199 Water St., Manhattan, with landlord Jack Resnick & Sons.

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Deal Type
Effective Rent (Annual)

$4,132,212.62

Total Lease Value

$41,322,126.17

Net Landlord Cash Flow$4,132,212.62