Faraday Future Leases Retail Space In Plaza District At 5 East 59th Street For $480/ft

5 East 59th Street, New York, NY, USA

Building Size

5,000 SF

Asset Type

Retail

Closing

Apr 15, 2020

AI

The retail property located at 5 East 59th Street in the Plaza District has recently been leased. The transaction took place on April 15, 2021, with Faraday Future becoming the new tenant. The landlord for this property is Capstone Equities. The leasing deal was facilitated by Jennifer Bernstein from Current Real Estate.

Summary of transaction details:

Property Type: Retail
Transaction Date: April 15, 2021
Address: 5 East 59th Street
Market: Plaza District

Faraday Future, an automotive company, will now occupy this retail space. Capstone Equities, the property's owner, entered into the lease agreement with the tenant. Jennifer Bernstein, representing Current Real Estate, played a crucial role in facilitating this deal.

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