Deloitte Secures 22-Year Office Lease At 70 Hudson Yards Represented By Joe Ucuzoglu

The property involved in this transaction is an office asset located at 70 Hudson Yards in Manhattan. The lease covers an area of 807,000 square feet and has a lease term of nearly 22 years. Deloitte has agreed to pay over $2.6 billion for this significant lease, marking it as the highest-value office lease in New York City since the pandemic.

Summary of transation details:

• Property Type: Office
• Transaction Amount: $2.6 billion
• Lease Term: 22 years
• Address: 70 Hudson Yards
• Market: Manhattan
• Asset Size: 807,000 SF
• Landlord: Jeff T. Blau - Related Companies & Eric Plesman - Oxford Properties Group
• Tenant: Joe Ucuzoglu - Deloitte

Key individuals in this transaction include Jeff T. Blau and Eric Plesman, representing the landlords, and Joe Ucuzoglu, representing the tenant, Deloitte. Their respective companies, Related Companies and Oxford Properties Group, play a crucial role in this high-value lease agreement.