Jordan E. Slone Of Harbor Group International Leases Office Space To Inclusiv At 55 Broadway
55 Broadway
$65
$65/SF
Building Size
10,986 SF
Asset Type
Office
Closing
Mar 6, 2025
AI
The office asset located at 55 Broadway in the Manhattan market encompasses a total of 10,986 square feet, leased by Inclusiv on the 29th floor. The asking rent for this space was set at $65 per square foot, with a lease term established for 10 years.
Summary of transation details:
- Property Type: Office
- Transaction Amount: $65/ft
- Square Footage: 10,986
- Address: 55 Broadway
- Market: Manhattan
- Landlord: Jordan E. Slone - Harbor Group International
- Tenant: Cathie Mahon - Inclusiv
- Landlord's Representative: Bradley Gerla, Hayden Pascal & Jonathan Cope - CBRE
- Tenant's Representative: Thomas Kaufman - Avison Young
- Lease Term: 10 years
In addition to the lease to Inclusiv, Harbor Group International also secured a renewal of 10,557 square feet with CSA Group NY Architects & Engineers on the 14th floor, also for a duration of 10 years.
Players
New York Office Market Snapshot
Boundary boundary · Office · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
244046.15%
Cash-on-Cash
-69749.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93