Nonprofit and public sector tenants took a total of 2.6 million square feet in 2011, approximately the same amount it leased a year earlier, but committed to much larger leases than in the previous year, according to a new report released yesterday by Cassidy Turley. Read More
It began with a rush to expand before Veterans Day, easily the busiest time of the year for the Wounded Warriors Project.
The non-profit, which since 2002 has assisted servicemen and women injured in combat, had occupied a small 4,700 square feet space at 7 Penn Plaza, but urgently needed to expand by the Nov. 11 federal holiday in order to host a whirlwind week of activities and visitors, many of them wounded veterans, brokers at Cassidy Turley said. Read More
The Roosevelt Institute, which promotes the “legacy, values and spirit” of the nation’s 32nd president and his wife, took 10,400 feet at the building previously known as the RCA Victor building, The Feil Organization’s 50-floor asset at 570 Lexington Avenue. Read More
