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HDR Leases 74,500-Square-Foot Office Space At 7 Pennsylvania Plaza In Manhattan
LEASED
New York
See Similar DealsOffice74,500 SF
Leased 05/04/2026
LEASED
HDR Leases 74,500-Square-Foot Office Space At 7 Pennsylvania Plaza In Manhattan
7 Pennsylvania Plaza
See Similar DealsOffice74,500 SF
Leased 05/04/2026
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:74,500 SF
Transaction Type:Lease
7 Pennsylvania Plaza, located in Manhattan, is an office asset consisting of 74,500 square feet. This lease signifies HDR's relocation from 500 Seventh Avenue, as they will now occupy the 15th–17th floors of the building owned by the Feil Organization.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 7 Pennsylvania Plaza
- Market: Manhattan
- Square Footage: 74,500
- Landlord: Jeffrey J. Feil - The Feil Organization
- Tenant: HDR
- Brokers: Andrew Wiener & Kyle Young - The Feil Organization
The transaction was facilitated by Andrew Wiener and Kyle Young, both representing the Feil Organization. HDR signed a long-term lease with precise occupancy details regarding their move into the substantial space of the property.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$4,270,295.04
Total Lease Value
$42,702,950.44
Net Landlord Cash Flow$4,270,295.04
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