Phillips Auction House Leases 23,000 Square Feet At 950 Third Avenue In Manhattan

The asset involved in this transaction is an office space located at 950 3rd Avenue in Manhattan. This property comprises a total of 23,000 square feet, specifically spanning the entire 14th and 15th floors. The lease is characterized by its positioning in a prominent area conducive for business operations.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not specified
• Address: 950 3rd Avenue
• Market: Manhattan
• Landlord: Andre Altholz & Naomi Altholz
• Tenant: Martin Wilson - Phillips Auction House
• Brokers: Jared Horowitz, John Michael Cilmi & William Grover - Newmark

This lease marks the largest of two new leases at the property, totaling 30,000 square feet. The tenant, Phillips Auction House, signed the lease, underlining the importance of the location for their operations.