Metropolis Technologies Leases Office Space At 30 Irving Place From Samco Properties For $85/ft

The property asset involved in the transaction is located at 30 Irving Place in the Gramercy Park market. This office space has a size of 18,806 square feet and is leased at an asking rent of $85 per square foot. The lease term is set for 10 years under a Single Net Lease agreement.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $85/ft
• Lease Term: 10 Years
• Lease Type: Single Net Lease
• Sublandlord: Samco Properties
• Subtenant: Metropolis Technologies
• Sublandlord's Rep: Erik Schmall, Allyson Bowen & Jack Warren - Savills
• Subtenant's Rep: Howard Hersch, Steven Rotter, Aaron Ellison, Derek Feinman & Lindsay Godard - Newmark

The key individuals involved in the transaction include the sublandlord representatives Erik Schmall, Allyson Bowen, and Jack Warren from Savills, and the subtenant representatives Howard Hersch, Steven Rotter, Aaron Ellison, Derek Feinman, and Lindsay Godard from Newmark. Their roles highlight the collaboration between the companies facilitating this sublease agreement.