Manhattan, NY According to GFP Real Estate, LLC, The Asian American Foundation (TAAF), a nonprofit dedicated to building a safer, more inclusive future for AAPIs everywhere, has signed a new four-year lease for 6,750 s/f on the 18th floor of 322 Eighth Ave.
Allen Gurevich of GFP Real Estate represented the landlord, GFP Real Estate in the transaction; Matthew Colavita of GFP Real Estate represented the tenant. TAAF is expected to move into its new space next month following the completion of the firm’s new general and executive offices; the space was previously occupied by Entech Media.
"TAAF is a fantastic organization doing important work, and we’re thrilled they recognized the benefits of being a tenant at 322 Eighth Avenue," said Gurevich. "As the largest landlord of nonprofits in New York City, GFP is committed to providing mission-driven organizations with high-quality, well-located office space that supports their growth and impact.”
Built in 1925 and designed by architects George and Edward Blum in a neo-gothic style, 322 Eighth Ave. is a 21-story, 185,000 s/f office building located in Chelsea. In recent years the building’s entrance and façade were completely remodeled and feature a modern, glass storefront while the building’s marble-floored lobby boasts dramatic vaulted ceilings featuring a mural painted by renowned American artist Thomas Hart Benton, which was recently restored by a specialist from the Metropolitan Museum of Art.