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Steadfast Financial Renews 21,640 Square Foot Lease At 450 Park Avenue In Manhattan

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LEASED
Benjamin (Ben) Friedland
Marc Holliday
+ 2

New York

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Office21,640 SF
Leased 03/04/2026
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Property Image
LEASED

Steadfast Financial Renews 21,640 Square Foot Lease At 450 Park Avenue In Manhattan

450 Park Avenue

See Similar Deals
Office21,640 SF
Leased 03/04/2026
Benjamin (Ben) Friedland
Marc Holliday
+ 2
Contact now

Summary

NEW YORK
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:21,640 SF
Transaction Type:Lease

The property asset involved in the transaction is an office space located at 450 Park Avenue in Manhattan. This lease covers a total of 21,640 square feet, specifically encompassing the 20th and 21st floors. The transaction was negotiated at an asking price of roughly $170 per square foot.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Approximately $170 per square foot
  • Address: 450 Park Avenue
  • Market: Manhattan
  • Landlord: SL Green Realty
  • Tenant: Steadfast Financial
  • Landlord's Representative: Gary Rosen, Howard Tenenbaum - SL Green
  • Tenant's Representative: Benjamin Friedland, Taylor Scheinman - CBRE
  • Lease Term: Five years

This deal saw Steadfast Financial renewing its lease in a transaction facilitated by representatives from SL Green and CBRE. The lease terms signify a continued tenancy for Steadfast Financial within a prominent Manhattan location.

Players

Taylor Scheinman
6 deals
BROKER

Benjamin (Ben) Friedland
CBRE
9 deals
BROKER

Howard Tenenbaum
SL Green
11 deals$16.3M volume(212) 216-1685
BROKER


Marc Holliday
SL Green
41 deals$9.7B volume
LANDLORD

TENANT

Details

LEASED
IMAGE: Gary Rosen, Howard Tenenbaum, Marc Holliday, Taylor Scheinman & Benjamin Friedland DATE: 03/04/2026 ADDRESS: 450 Park Avenue MARKET: Manhattan ASSET TYPE: Office ~ SF: 21,640 LANDLORD: Marc Holliday - SL Green (@SLGreen_Realty) TENANT: Steadfast Financial LANDLORD'S REP: Gary Rosen, Gary Rosen & Howard Tenenbaum - SL Green TENANT'S REP: Benjamin Friedland (@BFriedland) & Taylor Scheinman (@TaylSieschein) - CBRE (@CBRE) NOTE: Steadfast Financial renewed its 21,640-square-foot lease covering the 20th and 21st floors at 450 Park Avenue, owned by SL Green Realty, in a five-year deal asking roughly $170 per square foot.

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Deal Type
Effective Rent (Annual)

$1,240,391.74

Total Lease Value

$12,403,917.42

Net Landlord Cash Flow$1,240,391.74