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EQ Office Signs Lease Expansion with Non-Profit at 44 Wall St.

The Cities for Financial Empowerment Fund’s lease with Blackstone’s real estate funds points to continued diversification in Downtown Manhattan.

44 Wall St./ Image credit: Kevin Chu and Jessica Paul Photography 44 Wall St./ Image credit: Kevin Chu and Jessica Paul Photography

NEW YORK CITY—EQ Office has agreed to lease space at 44 Wall St. to the Cities for Financial Empowerment Fund. The non-profit is expanding its total footprint in the Financial District office building to 5,635 square feet and extending its lease to 2030. Although the asking rent was not provided, a source close to the deal tells GlobeSt.com it was in the mid-$60s.

The CFE Fund provides funding and technical assistance to mayoral administrations to improve housing stability. They assist in setting up programs and establishing policies in local government to improve individual and family financial situations.

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Betsy Kim

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.

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