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MSQ Partners Leases 38,273 Square Feet At 50 West 23rd Street In Flatiron District
LEASED
$70
New York
See Similar DealsOffice38,273 SF
Leased 09/09/2025
LEASED
MSQ Partners Leases 38,273 Square Feet At 50 West 23rd Street In Flatiron District
50 West 23rd Street
See Similar DealsOffice38,273 SF
Leased 09/09/2025
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$70
Total Square Footage:38,273 SF
Transaction Type:Lease
The asset involved in the transaction is located at 50 West 23rd Street in Manhattan's Flatiron District. This office space spans 38,273 square feet, with an asking rent set at $70 per square foot for a long-term lease arrangement.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $70/ft
- Lease Term: 10 years
- Landlord: Jed Walentas - Two Trees Management
- Tenant: Aaron Lang - MSQ Partners
- Broker: Aidan Campbell - Colliers
The lease agreement was facilitated by Aidan Campbell from Colliers, representing the interests of MSQ Partners. This transaction showcases the commitment of Two Trees Management to provide substantial office space options in a competitive market environment.
Players
BROKERAGE
LANDLORD
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$3,071,299.37
Total Lease Value
$30,712,993.70
Net Landlord Cash Flow$3,071,299.37
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