Coinbase Leases 30,000 SF Office At 55 Hudson Yards With Brian Armstrong As Tenant

The recently closed lease transaction in Hudson Yards involved an office property located at 55 Hudson Yards. The asset is situated in the Hudson Yards market and was leased to Coinbase, with Brian Armstrong as the tenant. The transaction took place in June 2021.

Summary of transaction details

• Property Type: Office
• Asking Rent: $88.37/ft. (Approx.)
• Square Footage: 30,000 sq ft
• Address: 55 Hudson Yards
• Market: Hudson Yards

Brian Armstrong, the CEO of Coinbase, secured the lease for the office space at 55 Hudson Yards. The deal was completed with an asking rent of approximately $88.37 per square foot for a total area of 30,000 square feet.