The property involved in this transaction is an office space located at 450-460 Park Avenue South in Manhattan. The asking rent for this space is $60 per square foot, covering a total area of 8,000 square feet. The lease type is a Modified Gross Lease.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $60/ft
• Address: 450-460 Park Avenue South
• Market: Manhattan
• Landlord: Joseph Moinian
• Tenant: Katherine Power - Merit Beauty
• Landlord's Representative: Jared London & Timothy Freydberg - CBRE
• Tenant's Representative: Jeffrey Karp - Latitude Property Group

This transaction involved key individuals such as Katherine Power, representing Merit Beauty, who will occupy the space. The landlord, Joseph Moinian, was represented by Jared London and Timothy Freydberg from CBRE, while Jeffrey Karp from Latitude Property Group represented the tenant in the negotiations.