Brooklyn, NY The New York Foundation for the Arts signed a 10-year deal to relocate from 20 Jay St. to 7,150 s/f offices across the entire ninth floor of 29 West 38th St. according to tenant broker Norman Bobrow & Company’s Andre Stanley who represented the New York Foundation for the Arts. The foundation will move into the 18-story building before the end of the year.
The landlord, ABS Partners Real Estate’s Ben Waller, brokered the deal in-house along with Charles Conwell, for an undisclosed asking price.
“The foundation wanted a location that would be more convenient for many of its employees who live in Manhattan and New Jersey,” said Stanley, who also said ABS will decorate the building’s lobby with artwork created by New York-based artists the organization supports through its grant programs.
Other tenants at the building between Avenue of the Americas and Fifth Avenue include consultant M-E Engineers, construction company Site Safety and construction manager PRA Consulting.
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