Tishman Speyer has acquired 148 Lafayette Street, a fully leased 12-story boutique office building in Manhattan’s SoHo neighborhood.
Tishman Speyer purchased 148 Lafayette from EPIC for $105.5 million. Financed in part by a $68.3 million loan from Blackstone Real Estate Debt Strategies, this represents Tishman Speyer’s first office acquisition in New York City since 2019 and its first in the United States since 2021.
The 153,000-square-foot, class A building is currently leased to a diverse range of office customers across the finance, fashion, beauty and ecommerce industries, including venture capital firm General Catalyst and beauty and cosmetics firm Charlotte Tilbury. 148 Lafayette’s street-level retail is fully occupied by boxing gym Five Points Academy and clothing store 260 Sample.
“148 Lafayette presented us with a compelling opportunity to capitalize on the strengthening New York City office leasing environment by acquiring a top-quality, bouti
