News: Brokerage

CBRE arranges 51,498 s/f lease for Bedford Stuyvesant New Beginnings Charter School

 

Brooklyn, NY In a transaction arranged by CBRE, Bedford Stuyvesant New Beginnings Charter School (BSNBCS), a public charter school, signed a 51,498 s/f lease for the entire three-story commercial component of the newly constructed mixed-use building at 217 North 10th St. The property, which was designed by Morris Adjmi Architects, is located in Williamsburg. 

The CBRE team of Jason Frazier, Jesse de la Rama, Jeremy Scholder, Chris Betting and Dean Rosenzweig led the leasing campaign at the property and arranged the lease on behalf of Largo, the developer of the Property. 

“We are ecstatic about a deal which is not only mutually beneficial for Largo and BSNBCS but also a massive win for the borough of Brooklyn and New York City’s educational system,” said Frazier. 

“Ultimately, new construction with great design, an abundance of natural light, soaring ceiling heights, a private entrance and tons of outdoor spaces combined with the adjacency to parks and transportation was the winning formula,” said Nick Werner of Largo. “It’s another great contribution to the neighborhood.”

BSNBCS will occupy the entire ground, second and third floors totaling 51,498 s/f.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their
Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking