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Grammarly Signs Lease For 23038 Square Feet With Landlord BXP At 360 Park Avenue South

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LEASED
Peter Turchin
Arkady Smolyansky
+ 6

New York

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Office23,038 SF
Leased 09/02/2025
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Property Image
LEASED

Grammarly Signs Lease For 23038 Square Feet With Landlord BXP At 360 Park Avenue South

360 Park Avenue South

See Similar Deals
Office23,038 SF
Leased 09/02/2025
Peter Turchin
Arkady Smolyansky
+ 6
Contact now

Summary

NEW YORK
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:23,038 SF
Transaction Type:Lease

The property asset involved in this transaction is an office space located at 360 Park Avenue South, situated in the Midtown South market of Manhattan. The leased area spans 23,038 square feet. The Landlord for this property is BXP, represented by Owen D. Thomas. The Tenant, Grammarly, is relocating from its current office at 29 West 30th Street.

Summary of transaction details:

The transaction features key figures such as Shishir Mehrotra representing Grammarly and Owen D. Thomas from BXP managing the leasing aspect. The deal also includes the involvement of multiple representatives from CBRE and JLL, ensuring a comprehensive approach to the leasing process.

Players

Kyle Riker
11 deals
BROKER

Gregg Rothkin
CBRE
15 deals
BROKER

Justin Haber
JLL
10 deals
BROKER

Arkady Smolyansky
CBRE
11 deals
BROKER

Peter Turchin
CBRE
17 deals
BROKER

Hayden Pascal
CBRE
11 deals(212) 895-0930
BROKER



CBRE
BROKERAGE

JLL
BROKERAGE


LANDLORD

Details

LEASED
IMAGE: Peter Turchin, Hayden Pascal, Gregg Rothkin, Ross Zimbalist, Owen D. Thomas, Shishir Mehrotra, Arkady Smolyansky, Trevor Larkin, Justin Haber & Kyle Riker DATE: 09/02/2025 ADDRESS: 360 Park Avenue South MARKET: Midtown South, Manhattan ASSET TYPE: Office ~ SF: 23,038 LANDLORD: Owen D. Thomas - BXP (@BXPBostonProperties) TENANT: Shishir Mehrotra - Grammarly (@Grammarly) LANDLORD'S REP: Peter Turchin, Gregg Rothkin, Ross Zimbalist, Arkady Smolyansky (@ArkadyMediaGroup), Hayden Pascal & Trevor Larkin (@TrevLarks) - CBRE (@CBRE) TENANT'S REP: Justin Haber & Kyle Riker - JLL (@JLL) NOTE: Grammarly is leasing 23,038 square feet at BXP’s 360 Park Avenue South, relocating from its current New York hub at 29 West 30th Street.

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Deal Type
Effective Rent (Annual)

$1,320,524.26

Total Lease Value

$13,205,242.58

Net Landlord Cash Flow$1,320,524.26