Greenblatt Law Leases Office Space At 420 Lexington Avenue For $78 Per Ft With SL Green Realty

The property involved in this lease transaction is an office asset located at 420 Lexington Avenue in Manhattan. The asking rent for the leased space is $78 per square foot, and it encompasses a total area of 2,000 square feet. The lease type agreed upon is a Modified Gross Lease.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $156,000
• Address: 420 Lexington Avenue
• Market: Manhattan
• Landlord: SL Green Realty
• Tenant: Greenblatt Law
• Landlord's Representative: Harry Blair - Cushman & Wakefield
• Tenant's Representative: Zach Sarraf - LSL Advisors

This deal features representation from Harry Blair of Cushman & Wakefield for SL Green Realty as the landlord's broker and Zach Sarraf of LSL Advisors representing Greenblatt Law as the tenant's broker. The transaction showcases an agreement between a significant landlord in the Manhattan market and a law firm looking to occupy office space in a prime location.