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Michael Shaulov Of Fireblocks Signs 35,000 Square Foot Lease At 5 Penn Plaza In Manhattan

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LEASED
Kristen Morgan
Mitchell Konsker
+ 4

New York

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Office35,000 SF
Leased 07/29/2025
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Property Image
LEASED

Michael Shaulov Of Fireblocks Signs 35,000 Square Foot Lease At 5 Penn Plaza In Manhattan

5 Pennsylvania Plaza

See Similar Deals
Office35,000 SF
Leased 07/29/2025
Kristen Morgan
Mitchell Konsker
+ 4
Contact now

Summary

NEW YORK
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:35,000 SF
Transaction Type:Lease

The property asset involved in this lease transaction is located at 5 Pennsylvania Plaza in Manhattan, New York. The total square footage of the office space is 35,000, and it is owned by 5 Penn Plaza LLC. Fireblocks is the tenant that has signed the lease at this newly renovated building.

Summary of transaction details:

This lease marks Fireblocks' relocation from 441 Ninth Avenue, facilitating its operational expansion within Manhattan. The brokers who facilitated this transaction are a team from JLL, showcasing a collaborative effort in the real estate leasing process.

Players

Mitchell Konsker
46 deals$542M volume
BROKER






JLL
BROKERAGE

Michael Shaulov
Fireblocks
1 deal
TENANT

Details

LEASED
IMAGE: Gregory Wang, Christine Colley, Mitchell Konsker, Kate Roush, Michael Shaulov, Kristen Morgan & Daniel Turkewitz DATE: 07/29/2025 ADDRESS: 5 Pennsylvania Plaza MARKET: Manhattan ASSET TYPE: Office ~ SF: 35,000 LANDLORD: 5 Penn Plaza LLC TENANT: Michael Shaulov - Fireblocks BROKERS: Mitchell Konsker, Christine Colley, Kristen Morgan (@Kris10Morgan), Gregory Wang, Kate Roush & Daniel Turkewitz - JLL (@JLL) NOTE: Fireblocks has signed a 35,000-square-foot lease at the newly renovated 5 Penn in Manhattan, relocating from 441 Ninth Ave.

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Deal Type
Effective Rent (Annual)

$2,006,178.88

Total Lease Value

$20,061,788.80

Net Landlord Cash Flow$2,006,178.88