A shared control interest in 80-90 Maiden Lane was purchased in an off-market transaction at a significant discount to recent trades. The property is a 25-story Class B+ building located in Lower Manhattan. At acquisition, the property was 94% leased with average in-place rents substantially below market. The building features flexible floorplates that provide light and windows on four sides. A lobby renovation and modernization of the elevators was completed and over 20% of the rent roll has been marked to market.