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LEASED

New York

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Office27,000 SF
Leased 10/11/2016
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LEASED

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206 W 34th St, New York, NY, 10119

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Office27,000 SF
Leased 10/11/2016
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Summary

NEW YORK
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:27,000 SF
Transaction Type:Lease

The property asset involved in this transaction is located at 206 W 34th St, New York, NY, 10119. It features a lease of 27,000 square feet on the 10th floor within Vornado’s 57-story, 2.6 million square foot One Penn Plaza. The market for this property is New York, and it is owned by Vornado, which is managing this transaction.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not disclosed
  • Landlord: Vornado
  • Landlord's Representative: Glen Weiss-Vornado Realty Trust
  • Tenant: Fuse Media
  • Tenant's Representative: John Ryan-Avison Young
  • Square Feet: 27,000

This transaction involves key players in the real estate market, including Fuse Media, which is relocating from Vornado's 11 Penn due to AMC Networks renewing and expanding its lease, which occupied approximately half of Fuse's office space. Glen Weiss led the Vornado team representing the landlord, while John Ryan from Avison Young represented Fuse Media in the leasing process.

Players

Glen Weiss
7 deals(212) 894-7419
BROKER

Savills
BROKERAGE

Details

LEASED
IMAGE: 206 W 34th St, New York, NY, 10119 MARKET: New York LANDLORD'S REP: Glen Weiss-Vornado Realty Trust TENANT: Fuse Media LANDLORD: Vornado SQUARE FEET: 27000

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Deal Type
Effective Rent (Annual)

$1,547,623.71

Total Lease Value

$15,476,237.07

Net Landlord Cash Flow$1,547,623.71