facebook
Traded Co logo
Submit

Teachers’ Retirement System Of The City Of New York Leases 191138 SF At 55 Water St New York

Property Image
LEASED
$58
David Caperna
Kurt Handschumacher
+ 1

New York

See Similar Deals
Office191,138 SF
Leased 12/07/2015
the dealplayerscompscontact
Property Image
LEASED

Teachers’ Retirement System Of The City Of New York Leases 191138 SF At 55 Water St New York

55 Water St, New York, NY, 10041

See Similar Deals
Office191,138 SF
Leased 12/07/2015
David Caperna
Kurt Handschumacher
+ 1
Contact now

Summary

NEW YORK
Asset Type:Office
Price Per Square Foot:$58
Total Square Footage:191,138 SF
Transaction Type:Lease

The lease involves a transaction for office space located at 55 Water St, New York, NY, 10041, within the New York market. The tenant, Teachers’ Retirement System of the City of New York, will occupy a total area of 191,138 square feet at a rental rate of $58 per square foot.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 55 Water St, New York, NY, 10041
  • Market: New York
  • Square Feet: 191,138
  • Rent/SF: $58
  • Tenant: Teachers’ Retirement System of the City of New York
  • Landlord: New Water Street Corp.
  • Tenant's Representative: Kurt Handschumacher - Savills Studley
  • Landlord's Representative: David Caperna - Brookfield
  • Brokers: Marc Shapses, Ira Schuman - Savills

Key individuals involved in this lease transaction include Kurt Handschumacher from Savills Studley, representing the tenant, and David Caperna from Brookfield, representing the landlord. The brokers for the deal are Marc Shapses and Ira Schuman, both affiliated with Savills.

Players

Ira  Schuman
9 deals$78.7M volume
BROKER




LANDLORD

Details

LEASED
IMAGE: 55 Water St, New York, NY, 10041 MARKET: New York TENANT'S REP: Kurt Handschumacher -Savills Studley LANDLORD'S REP: David Caperna -Brookfield BROKERS: Marc Shapses, Ira Schuman -Savills TENANT: Teachers’ Retirement System of the City of New York LANDLORD: New Water Street Corp. RENT/SF: 58 SQUARE FEET: 191138

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Effective Rent (Annual)

$12,708,861.19

Total Lease Value

$127,088,611.90

Net Landlord Cash Flow$12,708,861.19