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295 5th Avenue

Raina Moskowitz Of Savills Represents The Knot Worldwide In 10-Year Lease At 295 5th Avenue
LEASEDOffice

Raina Moskowitz Of Savills Represents The Knot Worldwide In 10-Year Lease At 295 5th Avenue

295 5th Avenue

Building Size

31,000 SF

Asset Type

Office

Closing

Nov 8, 2025

AI

The property asset involved in this transaction is an office space located at 295 5th Avenue in the Nomad market. The total square footage of the space is 31,000, accommodating a 10-year office lease. The lease is organized through a partnership between Tribeca Investment Group, PGIM, and Meadow Partners, who are the landlords of the property.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Lease Term: 10-year office lease
  • Landlord: Tribeca Investment Group, PGIM & Meadow Partners
  • Tenant: Raina Moskowitz - The Knot Worldwide
  • Broker: Savills

The deal reflects the signing of a lease by Raina Moskowitz representing The Knot Worldwide, commencing with a 24,000-square-foot temporary office on November 10, 2025, before transitioning into the permanent 31,000-square-foot space in late 2026.

Players

Savills
SavillsBrokerage
PGIM
PGIM Landlord

New York Office Market Snapshot

Boundary boundary · Office · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93