Industry City in BrooklynIndustry City in Brooklyn

NEW YORK CITY—The Vera Institute of Justice is relocating to Industry City, a commercial district near the waterfront in Brooklyn's Sunset Park. The non-profit focused on criminal justice reform signed a 15-year lease to move into a new 35,000 square-foot office space at Building Four, 34 35th St., in the 16-building, six million square-foot campus. The asking rent was is the mid-30s per square foot.

Vera will take its current headquarters that handles local and national work from 233 Broadway, the Woolworth Building in Tribeca, to Industry City in fall 2019. The institute currently occupies the full 12th floor, and Crain's had reported their rent was in the $50s per square foot.

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Betsy Kim

Betsy Kim was the bureau chief, East Coast, and New York City reporter for Real Estate Forum and GlobeSt.com. As a lawyer and journalist, Betsy has worked as the director of editorial and content for LexisNexis Lawyers.com, a TV/multi-media journalist for NBC and CBS affiliated TV stations in the Midwest, and an associate producer at Court TV.