Orchard Technologies Signs 107K-sf Lease in Union Square

The 4-year-old startup that fronts home equity to homeowners has signed a 10-year lease for 107,000 square feet at 195 Broadway. The new office that will spread across the building’s entire 25th and 26th floors, plus a portion of the 24th floor represents a significant expansion from Orchard Technologies’ previous 25,000-square-foot office leased from the now bankrupt flexible office space provider Knotel. Asking rent for the deal that included “significant free rent” was in the mid-$50s per square foot range.

Source:    https://therealdeal.com/2021/10/11/orchard-technologies-leases-107k-sf-at-lls-195-broadway/