Allied Global Marketing Renews 28,098 Square Foot Office Lease At 233 Broadway For Three Years
233 Broadway
Building Size
28,098 SF
Asset Type
Office
Closing
Sep 22, 2026
About this deal
AI
The asset involved is an office space measuring 28,098 square feet located at 233 Broadway in the Lower Manhattan market. The lease was renewed without any transaction amount specified.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Market: Lower Manhattan
- Landlord: Rubin Schron - Cammeby’s International Group
- Tenant: Allied Global Marketing
- Landlord's Representative: David Ofman & Brian Siegel - The Lawrence Group
- Tenant's Representative: David Dusek - Cushman & Wakefield
- Lease Terms: 3-year renewal
David Ofman and Brian Siegel represented the landlord, while David Dusek represented the tenant in the transaction. Allied Global Marketing renewed its lease at the Woolworth Building for an additional three years.
On the Map
Office
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Players
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