Motion P/T Leases Office Space At 250 West 54th Street In Midtown With Brokers Michael Doetsch And David Zar

The leased property in this closed transaction is an office space located at 250 West 54th Street in the Midtown market. The tenant, Motion P/T, signed a lease agreement with the landlord, Zar Property NY. The leasing transaction was facilitated by brokers Michael Doetsch from Cresa and David Zar from Zar Property NY. The asking rent for this 4,000 square foot space was $63 per square foot.

Summary of transaction details

• Property Type: Office
• Transaction Amount: N/A
• Date: 03/01/2019
• Address: 250 West 54th Street
• Market: Midtown

This lease deal between Motion P/T and Zar Property NY adds another medical tenant to the building, making them the fourth medical tenant in the property. It's worth noting that the landlord was represented in-house during this transaction.