Bill Gates-led C16 Biosciences Leases 20,000 Sqft Office Space In Hell's Kitchen | 619 West 54th Street | Jonathan Schifrin, John Isaacs, Alessio Tropeano | Office | Lease

Summary

Lease

NEW YORK

Office

20,000 sqft

The recently closed property transaction in Hell's Kitchen involved an office space located at 619 W. 54th Street. The asset, spanning 20,000 square feet, was leased by C16 Biosciences. The lease was facilitated by brokers John Isaacs, Jonathan Schifrin, and Alessio Tropeano of BRE. The landlord of the property was Silverstein Properties and Taconic Partners.

Summary of transaction details

Property Type: Office
Address: 619 W. 54th Street
Market: Hell's Kitchen
Tenant: C16 Biosciences
Landlord: Silverstein Properties & Taconic Partners
Brokers: John Isaacs, Jonathan Schifrin & Alessio Tropeano - BRE
Asking Rent: $90/ft.
SF: 20,000

It's worth noting that C16 Biosciences received a $20 million Series A funding round led by Bill Gates in March 2020. The New York-based startup is primarily focused on developing sustainable, lab-grown alternatives to conventional palm oil production.

Players

All
4

Agents
3
Agencies
1

Jonathan Schifrin

Senior Vice President

John Isaacs

Executive Vice President

Alessio Tropeano

Vice President

CBRE

Details

Deal Summary

LEASED

IMAGE: Larry Silverstein, Bill Gates & Tal Kerret DATE: 04/23/2021 ADDRESS: 619 W. 54th Street MARKET: Hell's Kitchen ASSET TYPE: Office TENANT: C16 Biosciences LANDLORD: @SilversteinProperties & Taconic Partners BROKERS: John Isaacs, Jonathan Schifrin & Alessio Tropeano - @CBRE ASKING RENT: $90/ft. SF: 20,000 NOTE: In March 2020, Bill Gates led a $20M Series A funding round for C16 Biosciences. The New York based startup is working to uproot and replace production of conventional palm oil with a more sustainable, lab-grown alternative.

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Address619 West 54th Street

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