Last Updated: February 22, 2012 ET

Nonprofit Expands at 215 Lexington Avenue

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NEW YORK CITY-The Council for Aid to Education has doubled its leasing space at 215 Lexington Avenue. The nonprofit organization has inked a 10-year lease for 8,117 square feet or the entire 16th floor of the 341,277-square-foot tower located between East 32nd and East 33rd streets. At present, it occupies the whole 21st floor of the building. Asking rent for the space was $45 per square foot.

In the deal, Studley brokered for the tenant, while Cassidy Turley brokered for the landlord, Somerset Management. For the full story, go to Crain's New York Business .


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Categories: Northeast, Leasing, Scope, New York

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