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Hickory Lane Capital Management Leases 2100 Sq Ft From Savitt Partners In New York

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LEASED

New York

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Office2,100 SF
Leased 05/27/2020
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Property Image
LEASED

Hickory Lane Capital Management Leases 2100 Sq Ft From Savitt Partners In New York

530 7th Ave, New York, NY, 10018

See Similar Deals
Office2,100 SF
Leased 05/27/2020
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Summary

NEW YORK
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:2,100 SF
Transaction Type:Lease

Hickory Lane Capital Management has signed a lease for a space located at 530 7th Ave, New York, NY, 10018. The leased space spans 2,100 square feet on the seventh floor and will serve as the firm’s headquarters. The property is situated in the Garment District, an area known for its central location and modern amenities.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not disclosed
  • Tenant: Hickory Lane Capital Management
  • Landlord: Savitt Partners
  • Tenant's Representative: Christina Combias-Voro Real Estate
  • Landlord's Representative: Alicia Parente-Savitt Partners
  • Square Feet: 2,100

Bob Savitt, founder and president of Savitt Partners, acknowledged the lease agreement and highlighted the flexible options available at 530 Seventh Avenue. Joshua Pearl, founder of Hickory Lane, expressed appreciation for the personalized attention from Savitt Partners during the lease process, ensuring the office would be ready for New York City’s reopening. The tenants also have access to Space 530, a co-working environment within the office tower that offers additional office spaces and meeting/conference rooms.

Players

Christina Combias
9 deals$4.3M volume(877) 943-8676
BROKER


Savitt Partners
BROKERAGE

Details

LEASED
IMAGE: 530 7th Ave, New York, NY, 10018 MARKET: New York TENANT'S REP: Christina Combias-Voro Real Estate LANDLORD'S REP: Alicia Parente-Savitt Partners TENANT: Hickory Lane Capital Management LANDLORD: Savitt Partners SQUARE FEET: 2100

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Deal Type
Effective Rent (Annual)

$120,370.73

Total Lease Value

$1,203,707.33

Net Landlord Cash Flow$120,370.73