Gerla and Rizzo of CBRE lease 12,832 s/f at 14 Wall St.

Manhattan, NY Oliver Scholars, a New York City-based non-profit organization that prepares high-achieving, underserved Black and Latino students in New York City for success at top independent schools and colleges, has inked a 12,832 s/f office lease at the Bankers Trust Building located at 14 Wall St. Oliver Scholars will relocate its offices from 80 Maiden Lane to part of the 17^th floor of 14 Wall St.

The CBRE team of Bradley Gerla and Mike Rizzo spearhead the marketing efforts for the 1.1 million s/f Financial District office tower and represented the ownership, Roza 14W LLC, in the lease negotiations. The asking rent was $48 per s/f.

“Given the property’s historical significance as well as ownership’s commitment to tenant service and providing the highest-quality space in the Financial District, 14 Wall St. has become one of Downtown’s most sought-after business addresses,” said Gerla. “We are thrilled we were able to negotiate a long-term lease with such an important non-profit organization like Oliver Schools.”

Built in 1910 for the Bankers Trust Company, 14 Wall St., with its distinctive pyramidal roof, is strategically located across from the New York Stock Exchange and Federal Hall, just steps from Broadway. The property, which once was the tallest building in Manhattan, has redefined Lower Manhattan by offering some of the most spectacular office space available on the market.