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Deals & Dealmakers

Fintech firm SoFi takes 9,000 s/f at 860 Washington in the Meatpacking District

860 Washington, the largest ground-up commercial building in Manhattan’s Meatpacking District, has announced that Social Finance, an online financial technology company known as SoFi, will be taking one of the remaining office spaces in the building.

The company will lease the entire 9,000 s/f second floor aat 860 Washington, leaving just 6,347s/f of space available on the building’s sixth floor.

As the only first-class office building completed in the Meatpacking District, 860 Washington, co-developed by Property Group Partners and Romanoff Equities, offered approximately 114,000 s/f of state-of-the-art commercial office and retail space.

The building has a previously announced a lease with wellness real estate and technology firm Delos, which occupies 21,706 s/f for its new Global Corporate Headquarters, as well as with several financial and technology businesses.

Designed by the highly acclaimed James Carpenter Design Associates, the 10-story glass structure is one of the most advanced boutique commercial buildings in the Meatpacking District.

“860 Washington has proven to be more than just a commercial building,” said Jeffery Sussman, president of Property Group Partners, “it is an office destination.  Located in the heart of the city’s most dynamic neighborhood and just steps from the High Line and Whitney Museum, 860 Washington has changed the office experience in the Meatpacking District.”

SoFi, which signed a one-year lease for its new space, is relocating from 27 West 24th Street in Chelsea.

Stuart Romanoff and Amy Fox of Cushman & Wakefield represented ownership in the transaction, while Anthony LoPresti, Nathan Kropp, and John Cashin of Avison Young represented the tenant.

“Sitting adjacent to the High Line and offering captivating views, SoFi’s space on the second floor is some of the best in the building,” said Romanoff.

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