The property involved in this lease transaction is an office space located at 717 5th Avenue in Midtown Manhattan. The total square footage of the asset is 17,300 square feet, spanning two floors. The landlord of the property is Dajia Insurance Group.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not specified
• Address: 717 5th Avenue
• Market: Midtown Manhattan
• Landlord: Dajia Insurance Group
• Tenant: Adam J. Stark - Stark Office Suites
• Landlord's Representative: David Hollander, Nick Hilton & Maxwell Tarter - CBRE
• Tenant's Representative: Craig Lemle & Roi Shleifer - Savills

Stark Office Suites has signed a long-term lease to expand its Excelsior premium office brand following a strong debut at 825 Third Avenue last year. This decision indicates a continued demand for high-end flexible workspace in New York City.