Kaufman Organization Leases 16,000 SF Office At 519 8th Avenue To AFM Agency

The property involved in this transaction is an office asset located at 519 8th Avenue in the Hudson Yards market. The asking rent is set at $42 per square foot for a total leased space of 16,000 square feet. The lease agreement falls under a modified gross lease type.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $42/ft
• Address: 519 8th Avenue
• Market: Hudson Yards
• Lease Type: Modified Gross Lease
• Landlord: Kaufman Organization
• Tenant: AFM Agency
• Landlord's Rep: Sam Stein
• Tenant's Rep: Jason Neman & Raymond (Ray Balas) Balassiano - LSL Advisors

The transaction features notable representatives, with Sam Stein acting on behalf of the landlord, Kaufman Organization, while Jason Neman and Raymond Balassiano represent the tenant, AFM Agency. Their involvement highlights the collaborative effort in securing this lease agreement.