The lease involved is an office space located at 2 1st Avenue, situated in the Turtle Bay neighborhood of Manhattan. The asset encompasses a total of 425,190 square feet, covering 26 stories, including retail space at 1 UN Plaza. The landlord of the property is the United Nations Development Corporation, represented by Robert Cole.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not specified
• Address: 2 1st Avenue
• Market: Turtle Bay, Manhattan
• Landlord: Robert Cole - United Nations Development Corporation
• Tenant: António Guterres - United Nations
• Brokers: James Saunders, Jason Perla & Roy Abernathy - Newmark

This transaction reflects the renewal and expansion of the lease by the United Nations, which now secures nearly the entire building. The deal involves significant representatives from Newmark, with James Saunders, Jason Perla, and Roy Abernathy participating in the brokerage activities for this transaction.