Vise Signs 10-Year Lease For 11,949 SF Office At 50 9th Avenue In Meatpacking District

The property involved in this lease transaction is located at 50 9th Avenue, situated in the Meatpacking District. The leased asset is an office space totaling 11,949 square feet, with an asking rent of $150 per square foot. The tenant, Vise, is relocating its headquarters from SoHo to this new address, entering a 10-year lease agreement that significantly expands its office footprint.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $150/ft.
• Address: 50 9th Avenue
• Market: Meatpacking District
• Square Footage: 11,949
• Landlord: Nicholas Silvers & Dov Barnett - Tavros Capital
• Tenant: Vise
• Landlord's Rep: Howard Hersch, Gregory Conen, Jennifer Schreiber & Natalie Serio - Newmark
• Tenant's Rep: Robert Kluge & Brandon Charnas - Current Real Estate Advisors

This deal brings together key representatives from both sides, with the landlord represented by Howard Hersch, Gregory Conen, Jennifer Schreiber, and Natalie Serio from Newmark, while Robert Kluge and Brandon Charnas from Current Real Estate Advisors represent the tenant, Vise. Their collaboration facilitated the successful negotiation of this significant office lease.