Capco Leases 26,620 SF Office Space In Empire State Building For $87/SF | 77 Water Street | Scott Klau, Neil Rubin, Jared Horowitz, Jason Perla | Office | Lease

Summary

Lease

NEW YORK

Office

26,620 sqft

The Empire State Building in the Financial District has leased an entire floor comprising 26,620 square feet of office space to Capco, a London-based firm. The lease deal was signed for a 10-year term with an asking rent of $87 per square foot.

Summary of transaction details:

Property Type: Office
Transaction Amount: N/A
Address: 77 Water Street
Market: Financial District

The landlord of the Empire State Building, Shanae Ursini and Jordan Berger of Empire State Realty Trust, facilitated the lease agreement with Capco. The tenant, represented by Mike Ethelston, will relocate from its current office in the Financial District to the Empire State Building. The broker team from Newmark, including Jared Horowitz, Jason Perla, Scott Klau, and Neil Rubin, played a pivotal role in the transaction.

Players

All
5

Agents
4
Agencies
1

Head of New York Consulting Group

Newmark

Details

Deal Summary

LEASED

IMAGE: Neil Rubin, Jason Perla, Jordan Berger, Shanae Ursini, Scott Klau & Jared Horowitz DATE: 07/25/2023 ADDRESS: 77 Water Street MARKET: Financial District ASSET TYPE: Office LANDLORD: Empire State Realty Trust - Shanae Ursini & Jordan Berger TENANT: Capco - Mike Ethelston BROKERS: Jared Horowitz, Jason Perla, Scott Klau & Neil Rubin - Newmark ASKING RENT: $87/ft ~ SF: 26,620 NOTE: Capco has leased an entire floor, comprising 26,620 square feet, in the Empire State Building for a 10-year term. The London-based firm will relocate from its current office in the Financial District, and the lease deal was signed for an asking rent of $87 per square foot.

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Address77 Water Street

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