Tao Group Leases 18,000 SF Office Space At 200 Park Avenue South For $70/ft

The asset involved in this transaction is an office space located at 200 Park Avenue South in Manhattan. The leased area spans 18,000 square feet, with an asking rent set at $70 per square foot. The lease is a long-term modified gross lease, facilitated by ABS Realty as the landlord.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $70/ft
• Square Footage: 18,000
• Address: 200 Park Avenue South
• Market: Manhattan
• Landlord: ABS Realty
• Tenant: Tao Group
• Brokers: Brandon Singer, Suzanne Bernstock & Kim Levandovsky - Retail By Mona
• Lease Term: Long Term
• Lease Type: Modified Gross Lease

The deal involved key representatives in the brokerage sector, namely Brandon Singer, Suzanne Bernstock, and Kim Levandovsky from Retail By Mona, who played pivotal roles in the leasing arrangements for the tenant, Tao Group, under the landlord ABS Realty.