Albert Russo Leases Office Space To That One Production At 401 Broadway In Tribeca

The asset involved in this transaction is an office space located at 401 Broadway in the Tribeca area of Manhattan. The property encompasses 1,400 square feet and is leased under a Modified Gross Lease arrangement. The asking rent for this office space is set at $60 per square foot.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $84,000
• Address: 401 Broadway
• Market: Tribeca, Manhattan
• Landlord: Albert Russo
• Tenant: That One Production
• Tenant's Representative: Morris Tobias - Monday Morning MGMT
• Lease Type: Modified Gross Lease
• Asking Rent: $60/ft
• Square Footage: 1,400

The transaction was facilitated by Morris Tobias from Monday Morning MGMT, which specializes in commercial real estate across Manhattan and Brooklyn. The company collaborates with both landlords and tenants to create smart leasing agreements that foster long-term value in various types of spaces, including office environments.