Shinhan Bank America Signs 15-Year Lease At 750 Seventh Avenue In Midtown Manhattan

An office space located at 750 Seventh Avenue in Midtown has been leased for a term of 15 years. The property, totaling 15,279 square feet, was leased by Shinhan Bank America. The landlord, Fosterlane Management, was represented by Howard Fiddle, Brett Shannon, Arkady Smolyansky, and Evan Fiddle of CBRE. Matthias Li and Cole Chartash of Cushman & Wakefield acted as the tenant's representatives in the deal. The asking rent for the space was $79 per square foot.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Lease
• Address: 750 Seventh Avenue
• Market: Midtown
• Square Footage: 15,279
• Landlord: Fosterlane Management
• Tenant: Shinhan Bank America
• Tenant's Rep: Matthias Li & Cole Chartash - Cushman & Wakefield
• Landlord's Rep: Howard Fiddle, Brett Shannon, Arkady Smolyansky & Evan Fiddle - CBRE
• Asking Rent: $79/ft.
• Lease Terms: 15 years

The lease of the office space at 750 Seventh Avenue in Midtown was facilitated by the tenant's representatives, Matthias Li and Cole Chartash from Cushman & Wakefield. Howard Fiddle, Brett Shannon, Arkady Smolyansky, and Evan Fiddle of CBRE represented the landlord, Fosterlane Management. The lease terms for the 15,279-square-foot office space were set at 15 years with an asking rent of $79 per square foot.