{"id":187769,"date":"2026-04-06T23:19:16","date_gmt":"2026-04-06T23:19:16","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ny\/187769\/"},"modified":"2026-04-06T23:19:16","modified_gmt":"2026-04-06T23:19:16","slug":"venture-capital-firm-tq-ventures-signs-7k-sf-lease-at-96-spring-street-commercial-observer","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ny\/187769\/","title":{"rendered":"Venture Capital Firm TQ Ventures Signs 7K-SF Lease at 96 Spring Street \u2013 Commercial Observer"},"content":{"rendered":"

TQ Ventures<\/a>, an early-stage venture firm based in New York City and San Francisco, has signed a 10-year, 7,415-square-foot lease for a new headquarters at 96 Spring Street in Manhattan\u2019s SoHo neighborhood, Commercial Observer has learned.\u00a0<\/p>\n

The asking rent was not disclosed, but the average asking rent for office space in Lower Manhattan was $59.26 per square foot in February, according to data from CBRE.\u00a0<\/p>\n

SEE ALSO: Aircraft Defense Firm Moves L.A. Office to El Segundo<\/a><\/p>\n

The tenant was represented by Gabe Marans and Maxine Rosen from Savills<\/a>, while Brent Ozarowski and Kevin Sullivan from Newmark<\/a> represented landlord Midwood Investment & Development<\/a>. Both Newmark and Savills did not immediately respond to CO\u2019s requests for comment.\u00a0<\/p>\n

\u201cWe are excited to welcome TQ Ventures to 96 Spring Street, and believe they will be a strong addition with a respected reputation in their industry to the building\u2019s existing roster of innovative and high-end companies,\u201d Ron Bondy, executive vice president of leasing at Midwood, said in a statement.<\/p>\n

\u201cLocated in the heart of SoHo, between Broadway and Mercer Streets, 96 Spring offers our tenants a combination of historic character and immediate access to some of the city\u2019s best retail, dining, and culture,\u201d Bondy added.<\/p>\n

TQ Ventures was founded in 2018 by Schuster Tanger and Andrew Marks, with Scooter Braun as an early partner. The firm will occupy the entire seventh floor of the eight-story SoHo building.<\/p>\n

TQ Ventures\u2019 current New York City address is 408 West 14th Street, according to Bloomberg<\/a>. It is unclear when the firm will relocate to its new office, which will give the firm 70 percent more office space than its current spot.\u00a0<\/p>\n

\u201cWe\u2019re designing this space from the ground up to reflect how we work and how founders build today \u2014 a place to think, collaborate, ideate and congregate,\u201d co-founders Marks and Tanger said in a joint statement. \u201cEvery detail will reflect how we partner day to day with our founders and create a space for meaningful conversations. We\u2019re thrilled to be in SoHo, which strikes the right quintessential New York vibe: taste, creativity and innovation.\u201d<\/p>\n

Midwood acquired 96 Spring Street in 1998. The building is also home to tenants including investment firm Lead Edge Capital, retailer Alo Yoga and restaurant group Chefs Club.\u00a0<\/p>\n

Amanda Schiavo can be reached at aschiavo@commercialobserver.com<\/a>.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"TQ Ventures, an early-stage venture firm based in New York City and San Francisco, has signed a 10-year,…\n","protected":false},"author":2,"featured_media":187770,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[75319,75320,75321,10001,2359,21080,2361,75322,9,11,10,2362,75323,75324,75325],"class_list":{"0":"post-187769","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-new-york","8":"tag-408-west-14th-street","9":"tag-96-spring-street","10":"tag-andrew-marks","11":"tag-brent-ozarowski","12":"tag-gabe-marans","13":"tag-kevin-sullivan","14":"tag-leases","15":"tag-maxine-rosen","16":"tag-new-york","17":"tag-new-york-headlines","18":"tag-new-york-news","19":"tag-office-leases","20":"tag-ron-bondy","21":"tag-schuster-tanger","22":"tag-scooter-braun-channel"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/187769","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/comments?post=187769"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/187769\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/187770"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=187769"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=187769"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=187769"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}