The asset involved in this transaction is an office space located at 245 Fifth Avenue in the Nomad area of Manhattan, comprising a total square footage of 13,600. Synthesia Inc signed a five-year lease agreement for this space, indicating an expansion from their previous occupancy of 6,490 square feet in 2023.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not disclosed
• Landlord: Joseph Moinian - The Moinian Group
• Tenant: Synthesia Inc
• Landlord's Representative: Scott Klau, Erik Harris, Zach Weil, Cole Gendels & Benjamin Klau - Newmark
• Tenant's Representative: Dennis Someck & Justin Myers - Lee & Associates
• Lease Term: Five years

The transaction reflects the roles of several key individuals and organizations. Dennis Someck and Justin Myers from Lee & Associates represented the tenant, Synthesia Inc, while the landlord, Joseph Moinian of The Moinian Group, was represented by a team from Newmark, consisting of Scott Klau, Erik Harris, Zach Weil, Cole Gendels, and Benjamin Klau.