Richard Rusczyk Of Art Of Problem Solving Leases Retail Space At 2505 Broadway For 10 Years

Located at 2505 Broadway in the Upper West Side, this retail asset comprises 5,000 square feet of space. The asking rent for the property was set at $155 per square foot, with a lease term established for 10 years.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $155/ft
• Lease Term: 10 years
• Address: 2505 Broadway
• Landlord: Adam America Real Estate
• Tenant: Richard Rusczyk - Art of Problem Solving
• Landlord's Rep: Brendan Thrapp & Nathaniel Mallon - Verada
• Tenant's Rep: Jack Cohen - Spaces Commercial Real Estate
• Market: Upper West Side

The lease agreement for Art of Problem Solving signifies the tenant's first physical location to provide in-person math programs for NYC students. The negotiation was successfully conducted by representatives from Verada, with Brendan Thrapp and Nathaniel Mallon handling the landlord's interests, while Jack Cohen represented the tenant.