Raymond Weil Leases Office Space At 485 Madison Avenue With Landlord Jack Resnick & Sons

The property asset involved in this transaction is an office space located at 485 Madison Avenue in the Manhattan market. The space has a total square footage of 5,739 sq ft and is leased under a modified gross lease with an asking rent of $65 per square foot.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $65/ft
• Lease Type: Modified Gross Lease
• Landlord: Jack Resnick & Sons
• Tenant: Raymond Weil
• Landlord's Representative: Adam Rappaport - Jack Resnick & Sons
• Tenant's Representatives: Jason Neman & Daniel Lolai - LSL Advisors

The key individuals involved in this transaction include Adam Rappaport, representing Jack Resnick & Sons as the landlord's representative. The tenant, Raymond Weil, is represented by Jason Neman and Daniel Lolai from LSL Advisors, indicating a collaborative effort in securing the lease agreement.