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95 Morton Street

Michael Rubin's Fanatics Expands Lease For Entire 210,000-SF Office At 95 Morton Street
LEASEDOffice

Michael Rubin's Fanatics Expands Lease For Entire 210,000-SF Office At 95 Morton Street

95 Morton Street

Building Size

210,000 SF

Asset Type

Office

Closing

Feb 24, 2026

AI

The property at 95 Morton Street is an office asset located in the West Village, Manhattan, comprising a total of 210,000 square feet. The building is operated by Meadow Partners, and the transaction involves a lease expansion that allows the tenant to fully occupy the building.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Address: 95 Morton Street
  • Market: West Village, Manhattan
  • Asset Size: 210,000 SF
  • Landlord: Jeffrey M. Kaplan - Meadow Partners
  • Tenant: Michael Rubin - Fanatics
  • Landlord's Representative: Paul Amrich & Neil King - CBRE
  • Tenant's Representative: Steven Rotter, Rishi Majmundar & Tristan Gretzky - Newmark

The deal represents a significant move for Fanatics, as it signed a lease expansion to take full control of the previously leased half of the building. This strategic decision allows Fanatics to occupy the entire 210,000-square-foot space, consolidating its operations under one roof.

Players

Paul Amrich

CBRE

Broker

37 deals

Broker
Meadow Partners
Meadow PartnersLandlord

New York Office Market Snapshot

Boundary boundary · Office · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93