Perplexity AI Leases 22,000 Sq. Ft. Office Space At 841 Broadway In Union Square

The property asset involved in this transaction is an office space located at 841 Broadway in Union Square. The leased area spans 22,000 square feet, with an asking rent of $85 per square foot. This lease reflects the growing demand for office space in a competitive market.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $85/ft
• Address: 841 Broadway
• Market: Union Square
• Landlord: Jeffrey J. Feil - The Feil Organization
• Tenant: Perplexity AI
• Landlord's Representatives: Andrew Wiener, Robert Fisher & Henry Korzec - The Feil Organization
• Tenant's Representatives: Marcella LaHara, Adam Spector & Derek Feinman - Newmark
• Square Footage: 22,000

This lease marks a significant expansion for Perplexity AI, as they have leased a combined space of 22,000 square feet across both 841 and 853 Broadway in Union Square, reinforcing their presence in New York City.