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Leap Leases Office Space At 99 Hudson Street In Tribeca

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LEASED
Jonathan Franzel
Eric Cagner
+ 1

New York

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Office12,159 SF
Leased 10/24/2022
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Property Image
LEASED

Leap Leases Office Space At 99 Hudson Street In Tribeca

99 Hudson Street, New York City, New York 10013, United States

See Similar Deals
Office12,159 SF
Leased 10/24/2022
Jonathan Franzel
Eric Cagner
+ 1
Contact now

Summary

NEW YORK
Asset Type:Office
Total Square Footage:12,159 SF
Transaction Type:Lease

Olshan Properties has completed a lease transaction for an office space located at 99 Hudson Street in the Tribeca market. The tenant, Amish Tolia's company Leap, has agreed to lease the property. The transaction was facilitated by Olshan Properties and their representatives Jonathan Franzel, Michael Shenfeld, and Eric Cagner from Newmark. The tenant, Leap, was represented by Jamie Katcher and Sebastian Infante from Raise. The office space has a total square footage of 12,159, and the asking rent was set at $80 per square foot.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: Lease
  • Address: 99 Hudson Street
  • Market: Tribeca

Jonathan Franzel, Michael Shenfeld, and Eric Cagner from Newmark represented Olshan Properties in the lease transaction. On the other hand, Jamie Katcher and Sebastian Infante from Raise helped Amish Tolia and Leap secure the lease. The deal brings together the landlord, Olshan Properties, and the tenant, Leap, in a successful office lease transaction in the Tribeca market.

Players

Jamie Katcher
14 deals
BROKER

Eric Cagner
Newmark
26 deals
BROKER

Jonathan Franzel
Newmark
18 deals
BROKER

Michael Shenfeld
Newmark
1 deal
BROKER

LANDLORD

Details

LEASED
IMAGE: Jonathan Franzel, Jamie Katcher, Eric Cagner, Sebastian Infante & Michael Shenfeld DATE: 10/24/2022 ADDRESS: 99 Hudson Street MARKET: Tribeca ASSET TYPE: Office LANDLORD: Olshan Properties TENANT: Leap - Amish Tolia LANDLORD'S REP: Jonathan Franzel, Michael Shenfeld & Eric Cagner - Newmark TENANT'S REP: Jamie Katcher & Sebastian Infante - Raise ASKING RENT: $80/ft. ~ SF: 12,159

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Deal Type
Effective Rent (Annual)

$696,946.54

Total Lease Value

$6,969,465.43

Net Landlord Cash Flow$696,946.54