Lease Deals of the Week: Stripe’s 147K-SF Sublease at 28 Liberty
The top five leases in New York City from June 17 to June 21
By The Editors June 24, 2024 6:00 am
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Last week, electronic payment company Stripe swiped for bigger digs at 28 Liberty Street. The company signed a 147,000-square-foot sublease with American International Group in the building, to relocate from its current 125,000-square-foot digs at 199 Water Street. Meanwhile, the Imagine Me Leadership Charter School inked a deal to move to bigger, 63,000-square-foot digs within Brooklyn.
| Tenant | Sq. Feet | Address | Type | Landlord | Brokers | Asset |
|---|---|---|---|---|---|---|
| Stripe (subtenant) | 147,000 | 28 Liberty Street | Relocation | American International Group (sublandlord) | Sublandlord: JLL's Peter Riguardi, Joseph Messina, Michael Shenot and Andrew Coe. Subtenant: CBRE’s Sacha Zarba, Jeffrey Fischer and Joseph D’Apice. | Office |
| Imagine Me Leadership Charter School | 63,000 | 39 Tuxton Street | Relocation | Bawabeh Realty Holdings | Landlord: Pinnacle Realty of New York's Steve Nadel and Nechama Liberow. Tenant: Open Impact Real Estate's Stephen Power, Lindsay Ornstein and Jake Cinti | Retail |
| Maimonides Health | 25,000 | 809 Atlantic Avenue | New | Hope Street Capital | Landlord: JLL’s Ryan Condren. Tenant: Locations Commercial Real Estate's Nick Zweig | Retail |
| Brighton Park Capital | 16,428 | 10 Bryant | Relocation | Property & Building Corporation | Landlord: JLL’s Paul Glickman, Benjamin Bass, Kristen Morgan and Kate Roush. Tenant: Newmark’s Neil Goldmacher, Josh Friedman and Cooper Weisman | Office |
| Grata | 15,158 | 1410 Broadway | Relocation | L.H. Charney Associates and KSR Capital | Landlord: Cushman & Wakefield's Sam Hoffman and David Hoffman. Tenant: Colliers’ Rick Doolittle, Michael Joseph, John Howard and Taylor Bell | Office |
Lease Deals of the Week reflects leases closed or announced from June 17 to June 21. Information on leases can be sent to editorial@commercialobserver.com.
American International Group, Bawabeh Realty Holdings, Hope Street Capital, Imagine Me Leadership Charter School, KSR Capital, L.H. Charney Associates, Locations Commercial Real Estate, Open Impact Real Estate, Pinnacle Realty of New York, Property & Building Corporation, Stripe
