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Sapien AI Signs 11K-SF Lease at Kaufman’s 48 West 25th Street
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Commercial Observer
A bipedal artificial intelligence firm is evolving into a new Midtown South office, Commercial Observer has learned.
Financial and operations analytics firm Sapien AI signed a lease for approximately 10,500 square feet on the entire fifth floor of the Kaufman Organization’s newly acquired 48 West 25th Street, according to tenant broker Nomad Group.
SEE ALSO: Law Firm Greenberg Traurig Takes 25K SF at Related Ross Dev in West PalmThe deal represents a relocation for the AI firm from its previous offices a few blocks south at 184 Fifth Avenue.
Nomad did not immediately disclose the length of the lease but said that asking rent was in the $80s per square foot range.
Kaufman went into contract to buy the property as well as 24-28 West 25th Street, both located between Broadway and Avenue of the Americas, from Savanna for $125 million in June.