Steve Kaufman and Barbara Raskob of the Kaufman Organization,the landlord at the 26-story property, represented themselves.Robert Gastel and Hugh Herman of Cushman & Wakefield Inc.represented the tenant.
[IMGCAP(2)]Cushman & Wakefield note that average class Caverage for the Times Square South area is $37.16 per sf. A Kaufmansource tells GlobeSt.com that the "asking price for the space wasin the high $30s per sf."
"We are pleased to have a remarkable organization like Teach forAmerica in our building," Kaufman says in a prepared statement."Teach for America's nearly 20-year presence in New York has helpedincrease the chance that all of our city's children will haveaccess to a great education."
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.