26 North Leases 84,000 Square Feet At 40 West 57th Street For 13 Years

This property is an office located at 40 West 57th Street in Manhattan, comprising 84,000 square feet across four floors. The lease has a duration of 13 years.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not specified
• Landlord: Richard S. LeFrak
• Tenant: 26 North
• Landlord's Representative: Adam Silfen, Meredith Jackness & Stephanie Allan - LeFrak; Howard Fiddle, Evan Fiddle, Benjamin Joseph, Arkady Smolyansky & Sam Seiler - CBRE
• Tenant's Representative: Jared Horowitz & Howard Hersch - Newmark

This transaction involves 26 North relocating to the landlord's property, facilitated by a team of representatives from both LeFrak and CBRE for the landlord and representatives from Newmark for the tenant, illustrating a collaborative negotiation process in securing the lease.