Lili The First Leases Retail Space At 825 Washington Street In West Village Manhattan For 5 Years

The asset involved in this transaction is a retail lease located at 825 Washington Street in the West Village market of Manhattan. The lease is for a space measuring 1,043 square feet with an asking rent of $275 per square foot. The lease term is set for 5 years, classified specifically as a retail lease.

Summary of transaction details:

• Property Type: Retail Lease
• Transaction Amount: $275/ft
• Lease Term: 5 years
• Landlord: Romanoff Equities
• Tenant: Lili The First
• Brokers: Steven Kramer & Danielle Lundberg - Douglas Elliman
• Attorney: Alan Perlowitz - Chaves Perlowitz Luftig LLP

The deal for this retail lease was facilitated by brokers Steven Kramer and Danielle Lundberg from Douglas Elliman, representing both the landlord and tenant throughout the transaction. Legal representation was provided by Alan Perlowitz from Chaves Perlowitz Luftig LLP, ensuring that all terms were compliant and properly executed within the agreed lease framework.