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Nicoletti Spinner Ryan Gulino Pinter LLP Renews Lease At 555 Fifth Avenue In New York City

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LEASED
$63

New York

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Office12,497 SF
Leased 07/17/2023
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Property Image
LEASED

Nicoletti Spinner Ryan Gulino Pinter LLP Renews Lease At 555 Fifth Avenue In New York City

555 5th Ave New York, NY 10017, USA

See Similar Deals
Office12,497 SF
Leased 07/17/2023
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Summary

NEW YORK
Asset Type:Office
Price Per Square Foot:$63
Total Square Footage:12,497 SF
Transaction Type:Lease

A law firm, Nicoletti Spinner Ryan Gulino Pinter LLP, has decided to renew their lease at 555 Fifth Avenue in New York City. The firm will occupy a 12,497-square-foot space on the 8th floor of the office building. The lease was brokered by James Gale of CBRE, representing Nicoletti Spinner Ryan Gulino Pinter LLP, and Hemmerdinger Goodman of ATCO Properties & Management, representing the building's ownership. The asking rent for the space ranged from $58 to $63 per square foot.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: N/A
  • Address: 555 Fifth Avenue
  • Market: New York City
  • Landlord: ATCO Properties & Management
  • Tenant: Nicoletti Spinner Ryan Gulino Pinter LLP
  • Broker: James Gale - CBRE
  • Asking Rent: $63/ft
  • Square Footage: 12,497

The lease renewal allows Nicoletti Spinner Ryan Gulino Pinter LLP to continue operating in a prime location within New York City. Both parties were represented by experienced brokers, James Gale of CBRE and Hemmerdinger Goodman of ATCO Properties & Management, ensuring a smooth negotiation process. The lease terms and asking rent demonstrate the value of the property and the desirability of the location for tenants in the office market.

Players

James Gale
2 deals(212) 984-6634
BROKER

ATCO Properties & Management
BROKERAGE

Details

LEASED
IMAGE: Kate Hemmerdinger Goodman DATE: 07/17/2023 ADDRESS: 555 Fifth Avenue MARKET: New York City ASSET TYPE: Office LANDLORD: ATCO Properties & Management - Kate Hemmerdinger Goodman TENANT: Nicoletti Spinner Ryan Gulino Pinter LLP BROKER: James Gale - CBRE (@CBRE) ASKING RENT: $63/ft ~ SF: 12,497 NOTE: Law firm Nicoletti Spinner Ryan Gulino Pinter LLP has decided to stay at 555 Fifth Avenue, occupying a 12,497-square-foot space on the 8th floor. The lease was facilitated by Hemmerdinger Goodman, representing the building's ownership, and James Gale of CBRE, who represented Nicoletti Spinner Ryan Gulino Pinter LLP. The asking rents ranged from $58 to $63 per square foot.

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Deal Type
Effective Rent (Annual)

$902,563.83

Total Lease Value

$9,025,638.28

Net Landlord Cash Flow$902,563.83