Extend AI Signs 8,750 Square Foot Lease At 119 5th Avenue In Flatiron District

The property asset involved in this transaction is an office space located at 119 5th Avenue in the Flatiron District. The office encompasses a total area of 8,750 square feet with an asking rent of $105 per square foot.

Summary of transation details:

• Property Type: Office
• Transaction Amount: $105/ft.
• Address: 119 5th Avenue
• Market: Flatiron District
• Landlord: Haddad family
• Tenant: Extend AI
• Broker Representatives: Nicholas Hein, William Janetschek & Matthew DeRose - Nomad Group
• Lease Size: 8,750 square feet

Extend AI is proceeding with a relocation within the Flatiron District from its previous location at 135 West 29th Street, signing the lease for the entire sixth floor at the new address.