Digital Media Rights Signs Lease At 264 West 40th Street In Garment District, Midtown Manhattan

Abe Laifer and Rachel Schlusselberg of an undisclosed agency represented both parties in a closed property transaction involving an office space at 264 West 40th Street in the Garment District. The tenant, Digital Media Rights, entered into a lease agreement with the landlord, Renaissance Midtown West – Fishel Family, for a 5,363 square foot space. The asking rent for the property was $54 per square foot.

Summary of transaction details:

• Property Type: Office
• Tenant: Digital Media Rights
• Landlord: Renaissance Midtown West – Fishel Family
• Brokers: Abe Laifer, Rachel Schlusselberg
• Address: 264 West 40th Street
• Market: Garment District
• Asking Rent: $54
• Square Footage: 5,363

This transaction was facilitated by Abe Laifer and Rachel Schlusselberg, who represented both the tenant and the landlord. The office space, located at 264 West 40th Street in the Garment District, was leased to Digital Media Rights. The landlord, Renaissance Midtown West – Fishel Family, agreed to a rental rate of $54 per square foot for the 5,363 square foot space.