Teachers Pay Teachers Leases School Space At 225 Park Ave S, New York

The school located at 225 Park Ave S, New York, NY, 10003, with a square footage of 27,000 and a rent of $80 per square foot, was involved in a lease transaction on 03/10/2017 in New York. The tenant, Teachers Pay Teachers, was represented by Michael (Mike) Mathias from Cushman & Wakefield, while the landlord, BuzzFeed, was represented by Steven Marvin from Olmstead Properties.

Summary of transaction details:

• Property Type: School
• Transaction Amount: Not Available
• Address: 225 Park Ave S, New York, NY, 10003
• Market: New York
• Tenant's Rep: Michael (Mike) Mathias (Cushman & Wakefield)
• Landlord's Rep: Steven Marvin (Olmstead Properties)
• Tenant: Teachers Pay Teachers
• Landlord: BuzzFeed
• Rent/SF: $80
• Square Feet: 27,000

The lease deal at 225 Park Ave S involved key individuals and companies. Michael (Mike) Mathias represented Teachers Pay Teachers, negotiating on behalf of the tenant. On the landlord's side, Steven Marvin was the representative for BuzzFeed. This transaction highlights the collaboration between Cushman & Wakefield, Olmstead Properties, Teachers Pay Teachers, and BuzzFeed in the bustling New York real estate market.