Carter Reum's M13 Signs 10-Year Lease At 419 Lafayette Street In Noho

The office space at 419 Lafayette Street in Noho, Manhattan, spanning 10,000 square feet, was leased for an asking rent of $70 per square foot. The lease term is set for 10 years, with landlord Albert Malekan sealing the deal with tenant Carter Reum of M13, a venture capital firm known for investments in brands like ClassPass and Bonobos.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not specified
• Address: 419 Lafayette Street
• Market: Noho
• Square Footage: 10,000
• Landlord: Albert Malekan
• Tenant: Carter Reum - M13
• Landlord's Rep: Ali Reslan - RDE Advisors
• Tenant's Rep: C.J Heitner - Newmark

Carter Reum of M13, in his expansion move, has shifted to the larger office space at 419 Lafayette Street from his previous location at 568 Broadway, marking a significant transition for the venture capital firm. The negotiation and finalization of this lease were handled by C.J Heitner of Newmark representing Carter Reum and Ali Reslan of RDE Advisors representing landlord Albert Malekan.