Sixth Street Signs 103,419 Square Foot Sublease At The Spiral In Midtown South
66 Hudson Boulevard East
Building Size
103,419 SF
Asset Type
Office
Closing
Nov 6, 2025
About this deal
AI
The property asset involved in the transaction is an office located at 66 Hudson Boulevard East in Midtown South, consisting of 103,419 square feet. This asset is part of a sublease agreement between the landlord and tenant, with no price mentioned. The location is significant within the Midtown South market, showcasing a substantial size for an office space.
Summary of transation details:
- Property Type: Office
- Transaction Amount: Not disclosed
- Landlord: Rob Speyer - Tishman Speyer
- Tenant: Sixth Street
- Market: Midtown South
Key individuals in this deal include Rob Speyer, representing Tishman Speyer as the landlord. Sixth Street serves as the tenant in this notable transaction, marking one of the largest office deals in Midtown South for the month.
Players
New York Office Market Snapshot
Boundary boundary · Office · Lease transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93