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EmblemHealth Renews Lease For 18,390 SF Office Space In Flatiron, Manhattan

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LEASED
$100
Richard Gelber
Brian Given
+ 1

New York

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Office18,390 SF
Leased 01/25/2024
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LEASED

EmblemHealth Renews Lease For 18,390 SF Office Space In Flatiron, Manhattan

21 East 22nd Street

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Office18,390 SF
Leased 01/25/2024
Richard Gelber
Brian Given
+ 1
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Summary

NEW YORK
Asset Type:Office
Price Per Square Foot:$100
Total Square Footage:18,390 SF
Transaction Type:Lease

EmblemHealth, the largest nonprofit health insurer in the U.S., has renewed its lease for 18,390 square feet at 21 East 22nd Street in the Flatiron district for another nine years. The office space is situated in Flatiron, Manhattan and has been leased by EmblemHealth at an asking rent of $100 per square foot.

Summary of transaction details:

EmblemHealth, represented by Karen Ignagni, has chosen to renew their lease for office space at 21 East 22nd Street. The lease was facilitated by Colliers International, with Brian Given and Sheena Gohil acting as the tenant's representatives. On the other side of the deal, Newmark represented the landlord, with Jeffrey Roseman and Richard Gelber working on their behalf.

Players

Brian Given
6 deals$12.7M volume
BROKER

Richard Gelber
Newmark
4 deals
BROKER

Jeffrey Roseman
Newmark
10 deals
BROKER

Details

LEASED
IMAGE: Richard Gelber, Karen Ignagni, Jeffrey Roseman, Sheena Gohil & Brian Given DATE: 01/25/2024 ADDRESS: 21 East 22nd Street MARKET: Flatiron, Manhattan ASSET TYPE: Office TENANT: EmblemHealth - Karen Ignagni LANDLORD'S REP: Jeffrey Roseman (@JeffreydRoseman) & Richard Gelber - Newmark (@Newmark) TENANT'S REP: Brian Given & Sheena Gohil - Colliers International (@ColliersInternational) ASKING RENT: $100/ft ~ SF: 18,390 NOTE: EmblemHealth, the largest nonprofit health insurer in the U.S., has renewed its lease for 18,390 square feet at 21 East 22nd Street in the Flatiron district for another nine years.

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Deal Type
Effective Rent (Annual)

$2,108,207.41

Total Lease Value

$21,082,074.05

Net Landlord Cash Flow$2,108,207.41