Genius AI Expands Headquarters At 838 Broadway In Manhattan To 27,373 Square Feet
838 Broadway
Building Size
27,373 SF
Asset Type
Office
Closing
Jul 27, 2026
AI
The property asset involved in the transaction is an office located at 838 Broadway, Manhattan. The total square footage of the property is 27,373, following an expansion by the tenant. This expansion added 13,754 square feet to the existing space occupied by Genius AI, formerly known as GlossGenius, across the second and third floors of the building.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not disclosed
- Square Footage: 27,373
- Address: 838 Broadway
- Market: Manhattan
- Landlord: Bobby Zar - ZG Capital Partners
- Tenant: Genius AI
- Landlord's Representatives: Mitchell Konsker, Benjamin Bass, Thomas Swartz & Gregory Wang - JLL
- Tenant's Representatives: Joseph Sipala, Stefanie Rock, Finley Burger & Hannah Bernstein - JLL
This lease transaction notably highlights the roles of the representatives involved. The landlord's representatives are Mitchell Konsker, Benjamin Bass, Thomas Swartz, and Gregory Wang from JLL, while the tenant's representatives include Joseph Sipala, Stefanie Rock, Finley Burger, and Hannah Bernstein, also from JLL.
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