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Brokerage
Posted: September 28, 2010
Kahn of Kaufman Org. reps tenant in 4,000 s/f lease
The Kaufman Organization has brokered a three-year, 4,000 s/f lease at 286 Fifth Ave. for the Art of Living Foundation, a not-for-profit, educational and humanitarian organization.
Although the terms of the lease were undisclosed, the asking rent for the space was $25 per s/f. Daniel Kahn of the Kaufman Organization represented the tenant, while Omid Pouratian of AB & Sons represented the landlord.
"The Art of Living Foundation was looking for a larger space to provide members with additional session rooms. The Fifth Ave. building was in a perfect location for their members," said Kahn.
286 Fifth Ave. is located in Midtown and is home to a variety of retail and office tenants including Adventure Publishing, Green Team Advertising and the Toy Insider.
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