Taft Leases 16,563 Square Feet At 1155 6th Avenue Midtown Manhattan With Colliers Representation
1155 6th Avenue
Building Size
16,563 SF
Asset Type
Office
Closing
May 28, 2026
AI
The property asset involved in this transaction is an office space located at 1155 6th Avenue in Midtown Manhattan. The leased area spans 16,563 square feet and is situated on the 24th floor. The transaction was executed by The Durst Organization, which is the landlord, and Taft is the tenant occupying this office space.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 1155 6th Avenue
- Market: Midtown Manhattan
- Asset Size: 16,563 square feet
- Landlord: Jody Durst - Durst Organization
- Tenant: Taft
- Landlord's Representatives: Tom Bow, Rocco Romeo & Nora Caliban - Durst Organization
- Tenant's Representatives: Sheena Gohil, Andrew Urban & Jack Senske - Colliers
This transaction marks Taft's establishment of its first New York office, highlighting the strategic expansion into the Midtown Manhattan market. The involved representatives from the landlord's side are affiliated with Durst Organization while the tenant is represented by Colliers, providing insights into a collaborative effort in completing this lease deal.
Players
Rochester 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