Stripe Subleases 147,000 SF Office Space At 28 Liberty, Lower Manhattan

Located at 28 Liberty Street in Lower Manhattan, an office space spanning 147,000 square feet was involved in a recent lease transaction. The sublease deal was between AIG, the landlord, and Stripe, the tenant.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not specified
• Address: 28 Liberty Street
• Market: Lower Manhattan
• Landlord: Peter Zaffino - AIG
• Tenant: Patrick Collison - Stripe
• Landlord's Rep: Joseph Messina & Peter Riguardi - JLL
• Tenant's Rep: Jeffrey Fischer, Joseph D’Apice & Sacha Zarba - CBRE

Stripe, a payment company, secured the largest office deal in Lower Manhattan by subleasing the 147,000 square feet across floors 45 to 48 from AIG. AIG had not actively marketed the space as they were consolidating their New York City operations and had already moved into 220,000 square feet at the same tower in 2020.