Manhattan, NY In a transaction arranged by Marc Schoen, Brian Neugeboren and Alicia Parente of The Schoen Group at Savitt Partners, The Genesis Prize, a global award created to celebrate Jewish Achievement and contribution to humanity, has inked a 3,000 s/f office lease at 1540 Broadway, The Bertelsmann Building. The organization will house its headquarters at the 44-story, class A office property located in Times Sq. and owned by Vornado Realty Trust.
Schoen said, “The Genesis Prize was previously sharing office space at the property with affiliated entities. After looking at several buildings in the area, the ideal space in the tower of 1540 Broadway became available and The Genesis Prize decided to remain at the property.”
The Schoen Group at Savitt Partners team represented The Genesis Prize in the seven-year lease. Eric Deutsch and Jason Pollen of CBRE Group acted on behalf of the building ownership.
The Genesis Prize seeks to recognize individuals who have attained excellence and international renown in their chosen professional fields, and who inspire others through their dedication to the Jewish community and Jewish values.
The prize, in the amount of $1 million, is endowed by the Genesis Prize Foundation and awarded annually. www.genesisprize.org