Seaport Entertainment Group Renews 10-Year Lease For 36,985 Square Feet In Financial District

The transaction involves a lease at 199 Water Street, situated in the Financial District, specifically an office asset where Seaport Entertainment Group has renewed its lease for a duration of 10 years, covering a space of 36,985 square feet. The tenant has been operating from this location since 2014.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not disclosed
• Address: 199 Water Street
• Market: Financial District
• Landlord: Jonathan Resnick - Jack Resnick & Sons
• Tenant: Seaport Entertainment Group
• Landlord's Representatives: Brett Greenberg, Adam Rappaport, John Cefaly, Stephen Bellwood, Ethan Silverstein, Rachel Rosenfeld - Jack Resnick & Sons; John Cefaly, Stephen Bellwood, Ethan Silverstein, Rachel Rosenfeld - Cushman & Wakefield
• Tenant's Representatives: Mary Ann Tighe, Gerry Miovski, Brett Shannon - CBRE

This lease renewal reflects the ongoing partnership between Seaport Entertainment Group and Jack Resnick & Sons. The landlord's and tenant's representatives were instrumental in facilitating this agreement, highlighting the collaborative efforts within the commercial real estate sector in New York City.