Co-working firm gets 50K sf, low rent at Trump’s 40 Wall Street – Robert Khodadadian

The Trump Organization has nabbed a new tenant at 40 Wall Street, with Jay Suites inking a 12-year deal for 50,000 square feet. The co-working firm’s lease at the 1.3 million square-foot building covers floors 27 through 29 and was said to cost $40 per foot, a relative bargain for Class A office space in the Financial District. According to a Transwestern report, Class A asking rents Downtown averaged $58.06 per foot in the second

Robert Khodadadian is an experienced commercial real estate broker in New York City and founder of Skyline Properties. Skyline Properties specializes in off-market or “quiet” real estate transactions, allowing buyers and seller to bypass traditional avenues and extraneous expenses of high-profile listings in the New York City area. Commercial Real Estate, Home Page, 40 wall street, Co-working, Co-working NYC, Downtown Office Market, Financial District, Office Leasing, trump organization The Real Deal New York Read More