Newswire Mann Report

JLL Completes Two Leases at Redeveloped 27 West 24th St.

24 West 27th St.. Lobby (Photo courtesy of JLL)

JLL has completed two leases totaling approximately 7,000 square feet of space at 27 West 24th St. in Manhattan’s Flatiron neighborhood on behalf of owner MJ Orbach Associates.

Zebra, an international design and architecture firm whose clients include West Elm, Shake Shack and P.F. Chang’s, signed a lease for 3,000 square feet of pre-built office space on the sixth floor of the property.

Moonfare, a digital private equity investment platform, leased 3,400 square feet of pre-built space on the eighth floor.

27 West 24th St. is an 11-story, 126,000-square-foot commercial office building adjacent to Madison Square Park in the heart of Manhattan’s Silicon Alley. MJ Orbach recently completed a major repositioning of the property that included upgrades to the lobby, elevator cabs, common corridors, bathrooms and building infrastructure. There are two passenger elevators, two freight elevators with separate entrance, lobby attendant, on-site building maintenance as well as 24/7 key card access.

The JLL team of Sam Seiler, Joe Sipala and Courtney Oarr represented Orbach in transactions.  Zebra was represented by Jake Velazquez of Compass; Moonfare was represented by Ben Saftler of Squarefoot.