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Feil Organization Leases Office Space At 841 Broadway, New York To Tenant Michael Mathias

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LEASED

New York

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Office15,000 SF
Leased 02/13/2018
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LEASED

Feil Organization Leases Office Space At 841 Broadway, New York To Tenant Michael Mathias

841 Broadway # 853, New York, NY, 1...

See Similar Deals
Office15,000 SF
Leased 02/13/2018
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Summary

NEW YORK
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:15,000 SF
Transaction Type:Lease

The Union Square Hospitality Group, led by Danny Meyer, has leased 15,000 square feet of office space at the Feil Organization's 853 Broadway in New York City. The prominent company's new corporate office will span the full 17th and 18th floors, uniquely interconnected by a staircase in the 21-story building located at the vibrant intersection of Broadway and East 14th Street.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Address: 841 Broadway # 853, New York, NY
  • Market: New York
  • Tenant's Rep: Michael (Mike) Mathias (Cushman & Wakefield)
  • Landlord: Feil Organization

Michael Mathias of Savills Studley represented the Union Square Hospitality Group in the lease deal. The Feil family, longstanding owners of 853 Broadway, revamped the building with a $15 million renovation in 2015, enhancing its contemporary appeal with a new glass facade. The property also houses other notable tenants like TrueX Media, Brack Capital Real Estate, and Media iQ Digital.

Players

Michael (Mike) Mathias
11 deals(212) 709-0703
BROKER

The Feil Organization
BROKERAGE

Details

LEASED
IMAGE: 02/13/2018 ADDRESS: 841 Broadway # 853, New York, NY, 1... MARKET: New York ASSET TYPE: Office TENANT'S REP: Michael (Mike) Mathias(Cushman & Wakefield) LANDLORD: Feil Organization SQUARE FEET: 15000

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Deal Type
Effective Rent (Annual)

$859,790.95

Total Lease Value

$8,597,909.48

Net Landlord Cash Flow$859,790.95