News: Brokerage

GFP Real Estate leases 7,443 s/f to Huntington’s Disease Society of America at 505 Eighth Ave.

Manhattan, NY According to GFP Real Estate, LLC the Huntington’s Disease Society of America (HDSA), a nonprofit organization dedicated to improving the lives of those affected by Huntington’s disease, has signed a 10-year lease extension for 7,443 s/f of office space on the 14th floor of 505 Eighth Ave. in the Garment District.

Allen Gurevich of GFP Real Estate represented the landlord and the tenant in the direct lease transaction. HDSA first moved into the building in 2005, where it previously occupied 6,870 s/f on the 9th floor.

“HDSA had outgrown its previous space over the years and wanted to find a more contemporary, usable office layout and space that better fit the organization’s needs,” said Gurevich.  “We are thrilled to have been able to accommodate HDSA and will continue to support the organization as its needs change.”

Huntington’s disease is a fatal genetic disorder that causes the progressive breakdown of nerve cells in the brain. According to HDSA, the disease deteriorates a person’s physical and mental abilities during their prime working years and has no cure. Today, there are over 41,000 symptomatic Americans and more than 200,000 at-risk of inheriting the disease.

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