Shanken Communications Extends Office Lease At 825 Eighth Avenue For 5 Years

The property located at 825 8th Avenue in Manhattan is an office asset encompassing 38,652 square feet. Shanken Communications has renewed its lease for this space, maintaining its presence in the area. The landlord for this transaction includes Steven Durels and Marc Holiday from SL Green, along with Scott Rechler from RXR.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not specified
• Lease Term: 5 years
• Tenant: Shanken Communications
• Landlords: Steven Durels & Marc Holiday - SL Green; Scott Rechler - RXR
• Brokers: David Falk & Jason Greenstein - Newmark

David Falk and Jason Greenstein from Newmark represented Shanken Communications in the lease renewal, while the landlord's side was managed in-house by SL Green. This deal extends Shanken Communications' stay for another five years at the established location.