Denham Wolf and CBRE lease 20,000 s/f to The New School at 151 Bank St.

Manhattan, NY According to Westbeth Artists Housing, the artists housing complex in the West Village, The New School signed a 10-year lease to remain in its 20,000 s/f space. The School of Drama at The New School has been located within Westbeth’s complex since 2003.

Westbeth was represented by Denham Wolf Real Estate Services’ Christopher Turner, Kate Hrobsky and Lauren Davis who negotiated the lease agreement and are handling leasing for other available commercial spaces within Westbeth. The New School was represented by David Hollander, Larry Weiss, and Maxwell Tarter of CBRE.

Located along Bank St., the more than 20,000 s/f space spans three stories, featuring a double-height theater room on the top floor, classrooms, set and costume studios, and offices. Originally home to Bell Laboratories, the historic space was built in 1929 and used for early sound film experiments. 

“Westbeth prides itself on being a diverse and creative arts enclave, and counting The New School as a long term member of our community deeply enriches our campus,” said Peter Madden, executive director of Westbeth Artists Housing. “We are proud to offer a space where the performing arts can thrive when they have the right partners who invest and care about the communities in which they are rooted.”