The property asset involved in this transaction is located at 60 Bay Street in Staten Island, comprising a total square footage of 29,467. The asset is classified as an office space, highlighting its utility for business operations in the local market.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not disclosed
• Lease Term: 15-year renewal & expansion
• Landlord: Jason Muss - Muss Development
• Tenant: Twyla Carter - Legal Aid Society
• Landlord's Representative: Bill Bergman - Muss Development
• Tenant's Representatives: Christopher W. Mansfield, Craig Reicher, Greg Maurer-Hollaender & Julia Passante - CBRE

This lease transaction enables the Legal Aid Society to enhance its capacity to deliver legal services, concurrently with nonprofit CFR signing a separate 10-year lease for 6,156 sq. ft. in the same building, indicating a strategic move in the local nonprofit sector.