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Macmillan Publishers Leases Single Family Space At 2 Pine Street, New York

Property Image
LEASED

New York

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Single Family261,000 SF
Leased 07/31/2017
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LEASED

Macmillan Publishers Leases Single Family Space At 2 Pine Street, New York

2 Pine Street, New York, NY, 10005

See Similar Deals
Single Family261,000 SF
Leased 07/31/2017
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Summary

NEW YORK
Asset Type:Single Family
Price Per Square Foot:$0
Total Square Footage:261,000 SF
Transaction Type:Lease

The property located at 2 Pine Street, New York, NY, 10005 is a Single Family asset spanning 261,000 square feet. The landlord, Silverstein Properties, successfully leased the property to Macmillan Publishers, with Leon Manoff of Colliers International representing the tenant in the deal. The transaction was finalized on July 31, 2017, in the vibrant market of New York.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: Not specified
  • Tenant: Macmillan Publishers
  • Landlord: Silverstein Properties
  • Square Feet: 261,000
  • Tenant's Rep: Leon Manoff (Colliers International)
  • Market: New York

The lease agreement for the property at 2 Pine Street was facilitated by the tenant's representative, Leon Manoff of Colliers International. Macmillan Publishers, a notable tenant, will now occupy the 261,000 square feet of space leased from Silverstein Properties in New York. This deal underscores the strategic real estate decisions made by both Macmillan Publishers and Silverstein Properties.

Players

Leon Manoff
2 deals(212) 716-3769
BROKER

Silverstein Properties
LANDLORD

Details

LEASED
IMAGE: 07/31/2017 ADDRESS: 2 Pine Street, New York, NY, 10005 MARKET: New York ASSET TYPE: Single Family TENANT'S REP: Leon Manoff(Colliers International) TENANT: Macmillan Publishers LANDLORD: Silverstein Properties SQUARE FEET: 261000

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Deal Type
Effective Rent (Annual)

$14,960,362.50

Total Lease Value

$149,603,625.01

Net Landlord Cash Flow$14,960,362.50