Axel Springer SE Leases Retail Space At 277 Mott Street In Nolita With Brokers Aric Trakhtenberg & Ravi Idnani - Newmark

The retail property located at 277 Mott Street in Nolita has been leased. The landlord, Karl Kopp, owns Kopps Frozen Custard and Elsa On The Park. The tenant, Axel Springer SE, Politico, Bild, Business Insider, Insider Food, Travel, Science, Tech, and Life, will be occupying the space. Aric Trakhtenberg and Ravi Idnani from Newmark brokered the deal. The asking rent for the 9,405 square feet space was $160.40 per square foot.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: Not specified
• Market: Nolita
• Address: 277 Mott Street
• Landlord: Karl Kopp, Kopps Frozen Custard & Elsa On The Park
• Tenant: Axel Springer SE , Politico , Bild , Business Insider , Insider Food , Travel , Science , Tech & Life
• Broker: Aric Trakhtenberg & Ravi Idnani - Newmark
• Asking Rent: $160.40/ft
• Square Feet: 9,405

Notable individuals involved in the deal include Aric Trakhtenberg and Ravi Idnani, who represented the tenant and the landlord in the lease agreement, respectively.