The office building located at 245-249 West 17th Street in Chelsea, Manhattan, was involved in a recent lease transaction. X Corp, the landlord, previously known as Twitter, subleased 35,384 square feet of space to fintech company MoneyLion. The asking rent for this sublease was $68 per square foot.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not applicable
• Address: 245-249 West 17th Street
• Market: Chelsea, Manhattan
• Tenant: MoneyLion
• Landlord: X Corp
• Landlord's Rep: Connor DeSimone, Elliot Bok, Sacha Zarba, William Iacovelli, Lauren Crowley Corrinet - CBRE
• Tenant's Rep: Eric Ladden - Cornerstone Real Estate Group, Jason Birk, Steven Marvin - Olmstead Properties
• Lease Type: Sublease

The sublease deal was facilitated by various real estate representatives. X Corp's representatives were Connor DeSimone, Elliot Bok, Sacha Zarba, William Iacovelli, and Lauren Crowley Corrinet from CBRE. Representing MoneyLion were Eric Ladden from Cornerstone Real Estate Group along with Jason Birk and Steven Marvin from Olmstead Properties.