---
schema_version: "secwatch.filing_event.v1"
accession: "0001600641-23-000166"
form_type: "8-K"
ticker: "DIBS"
cik: "0001600641"
company_name: "1stdibs.com, Inc."
filed_at: "2023-08-22T23:59:59+00:00"
generated_at: "2026-06-11T05:36:48.288453+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# 1stdibs.com subleases entire office space to Intuit Inc. through Dec 2029

## Summary
- Sublease covers 42,232 rentable sq ft at 51 Astor Place, NYC, with phased occupancy starting Oct 2023 and Jan 2024.
- Fixed rent for Phase I (33,145 sq ft) ranges from $220,967/mo initially to $248,844/mo by 2029; Phase II (9,087 sq ft) from $60,580/mo to $68,223/mo.
- Rent abatement: first 5 months full abatement plus an additional $220,966.66 abatement in month 6.
- Subtenant (Intuit) pays proportionate share of operating expenses (78.48% initially, 100% after Phase II delivery).
- 1stdibs retains obligations under the original lease; sublease does not terminate the head lease.

## SEC filing metadata
- accession: 0001600641-23-000166
- form_type: 8-K
- ticker: DIBS
- cik: 0001600641
- company_name: 1stdibs.com, Inc.
- filed_at: 2023-08-22T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1600641/000160064123000166/0001600641-23-000166-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1600641/000160064123000166/dibs-20230816.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001600641-23-000166
- JSON: https://secwatch.observer/filing/0001600641-23-000166.json
- Plain text: https://secwatch.observer/filing/0001600641-23-000166.txt

## Key facts
- Material Agreements
  1stdibs.com, Inc. entered into Sublease with Intuit Inc. (effective 2023-08-16).
  - Action: entry
  - Agreement: lease
  - Counterparty: Intuit Inc.
  - Effective: 2023-08-16
  source text: On August 16, 2023, 1stdibs.com, Inc. (the “Company”) and Intuit Inc. (the “Subtenant”) entered into a Sublease Agreement (the “Sublease”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1600641/000160064123000166/0001600641-23-000166-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.