A Blumenfeld source tells GlobeSt.com that the current asking rent at the property is $29.50 gross, but could not confirm the aggregate lease value or taking price. The lease is for a 15-year term.
The source notes that the property is conveniently located at the busiest train station in Long Island. Other tenants at 100 Duffy Ave. include insurance company AIG and New York Sports Clubs.
1199 SEIU represents more than 275,000 members and retirees in New York, Maryland, the District of Columbia and Massachusetts. The source tells GlobeSt.com that some of the Union space was a consolidation from Lower Manhattan.
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