Synthesia Inc Signs Five-Year Lease For 13600 SF At 245 Fifth Avenue With Moinian Group

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.