Lance Leighton
Founder – HedgeFundSpaces.com
New York State Licensed Real Estate Salesperson
Further Lane Management, a money manager with locations in San Francisco, Santa Fe and East Hampton, has inked a direct lease for the partial 12th floor at 555 Madison Avenue. The 12th floor premises offers private terraces on both Madison Avenue and 56th Street. The firm, which is headquartered in New York, currently subleases the 25th floor of the building and will be moving to about 7,470 sf of permanent space. The lease duration is for approximately 10 years and asking rents were in the high-$50’s psf.
tags:
category:
recent posts:
When a landlord acquires an office building with an agenda to demolish or change the asset, they will oftentimes preface all new transactions with a termination clause. Typically, this provision…
BlackRock, Bank of America and Third Point had Midtown Manhattan's most notable new leases. There is no question that 2017 was a solid year for New York City commercial real…
The office space market is being dictated by ONE thing, Culture! As one of the more active office space brokers in New York City, I can’t help but cringe when…