Posted: May 9, 2008
Roseman and Meyerson of Sholom & Zuckerbrot negotiate 65,000 s/f in Queens
Sholom & Zuckerbrot Realty (S&Z) has negotiated a lease providing 65,000 s/f for The Fortune Society at 29-76 Northern Blvd. in the Long Island City neighborhood, according to Sanford Zuckerbrot, chairman of S&Z, which represented the landlord.
The Fortune Society, a non-profit organization offering a full range of services for ex-offenders, such as counseling, education, employment services, substance abuse treatment, health services and housing, will take immediate occupancy of the ground and second-floor space for a term of 15 years.
"The location is exceptionally well suited to the tenant's needs - it is close to an excellent transportation hub and several major highways, and is easily accessible from Manhattan," said Gail Roseman, executive vice president of S&Z and one of the building's exclusive agents.
S&Z was initially retained by Trafalgar Tours, a previous tenant at the building, to sublet its 45,000 s/f office, which is now a portion of The Fortune Society's new space. The landlord was interested in leasing an adjacent 20,000 s/f, and also retained S&Z as an exclusive agent. Roseman, with Joseph Meyerson, also of S&Z, decided to offer Trafalgar's space as an expandable office. The combined 65,000 s/f was "an ideal fit" for The Fortune Society, according to Roseman.
Roseman and Meyerson represented the landlord. The Newmark Knight Frank (NKF) team of Stephen Schofel, Robert Silver and Scott Brown represented the tenant.
Founded in 1962, Sholom & Zuckerbrot Realty LLC is a full-service real estate firm offering retail, office, industrial and investment brokerage, property management, plus development and build-to-suit projects. The firm is based in Long Island City, Queens, New York City.
MORE FROM Brokerage
Huntington, NY SABRE Real Estate Advisors has completed the sale of six commercial properties across Long Island and Northern New Jersey, further underscoring the firm’s strength as a trusted partner in complex real estate transactions. The deals were led by executive vice presidents Jimmy Aug and Stu Fagen, whose combined expertise continues to drive exceptional results for clients across the region.