Jay Newhouse Leases Retail Space To Purple Apple At 547 Malcolm X Boulevard In Manhattan

The asset involved in this transaction is a retail space located at 547 Malcolm X Boulevard in Manhattan. The property features a square footage of 1,500 and is under a Single Net Lease agreement. The asking rent for this retail space has been set at $96 per square foot.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $96/ft
• Address: 547 Malcolm X Boulevard
• Market: Manhattan
• Landlord: Jay Newhouse
• Tenant: Purple Apple
• Landlord's Representative: Dane Harlowe & Noam Aziz - Meridian Capital Group
• Tenant's Representative: Barry Fishbach - KSR
• Lease Type: Single Net Lease

The deal showcases the collaboration between the landlord, Jay Newhouse, and the tenant, Purple Apple, facilitated through their respective representatives. Dane Harlowe and Noam Aziz from Meridian Capital Group represented the landlord, while Barry Fishbach from KSR represented the tenant in this lease agreement.