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Douglass Winthrop Advisors Leases Office Space At 521 5th Ave, New York

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LEASED

New York

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Office12,400 SF
Leased 06/26/2018
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Property Image
LEASED

Douglass Winthrop Advisors Leases Office Space At 521 5th Ave, New York

521 5th Ave, New York, NY, 10175

See Similar Deals
Office12,400 SF
Leased 06/26/2018
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Summary

NEW YORK
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:12,400 SF
Transaction Type:Lease

The office property located at 521 5th Ave, New York, NY, 10175, in the New York market, was leased on June 26, 2018. The Landlord, SL Green Realty Corp., leased 12,400 square feet to the Tenant, Douglass Winthrop Advisors. The Tenant's Representative in the deal was Patrick Heeg from JLL, while the Landlord's Representatives were Natasha Brown from Nuveen Real Estate and Tara Stacom from Cushman & Wakefield.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not Applicable
  • Square Feet: 12,400
  • Address: 521 5th Ave, New York, NY, 10175
  • Market: New York
  • Tenant: Douglass Winthrop Advisors
  • Landlord: SL Green Realty Corp.
  • Tenant's Rep: Patrick Heeg (JLL)
  • Landlord's Reps: Natasha Brown (Nuveen Real Estate), Tara Stacom (Cushman & Wakefield)

Patrick Heeg from JLL represented the Tenant, Douglass Winthrop Advisors, in this lease transaction, while Natasha Brown from Nuveen Real Estate and Tara Stacom from Cushman & Wakefield represented the Landlord, SL Green Realty Corp. The lease agreement for the 12,400 square feet office space at 521 5th Ave marks a significant deal in the New York market.

Players

Tara Stacom
17 deals
BROKER

Patrick Heeg
Transwestern
6 deals(212) 537-9002
BROKER

Natasha Brown
Nuveen
1 deal
BROKER

Nuveen
LENDER

SL Green
LANDLORD

Details

LEASED
IMAGE: 06/26/2018 ADDRESS: 521 5th Ave, New York, NY, 10175 MARKET: New York ASSET TYPE: Office TENANT'S REP: Patrick Heeg(JLL) LANDLORD'S REP: Natasha Brown(Nuveen Real Estate), Tara Stacom(Cushman & Wakefield) TENANT: Douglass Winthrop Advisors LANDLORD: SL Green Realty Corp. Landlord SQUARE FEET: 12400

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Deal Type
Effective Rent (Annual)

$710,760.52

Total Lease Value

$7,107,605.17

Net Landlord Cash Flow$710,760.52