Avenues school expands NoMad office

Company grows to 24K sf at 11 East 26th Street

TRD New York /
Mar.March 23, 2015 12:00 PM

Avenues World Holdings, which operates Avenues: The World School in Chelsea, inked a deal to renew and expand its nearby office space to more than 24,000 square feet.

The for-profit private school, which cost $85 million to develop and launch, occupies the 16th and 17th floors of the 21-story property at 11 East 26th Street in the Madison Square North Historic District, the Wall Street Journal reported.

The 10-story school at 259 10th Avenue opened in 2012 with classes for 12 grade levels. The plan is to reach 15 grade levels by next year.

James Buslik of Adams & Co. represented Avenues and the landlord, East Twenty Sixth Associates. Asking price for the space was $68 per square foot.

Avenues is also close to a deal to expand its campus at 540 East 26th Street. The school has served as a major draw for families flocking to the neighborhood. The proximity of a 53-foot-wide townhouse at 434-436 West 22nd Street to the school was the catalyst for a $13.5 million home sale last year, as TRD reported. [WSJ]Mark Maurer

Related Articles


Adams & Co. just signed a tenant at 1115 Broadway — and you won’t believe who it is

Side streets are the new main streets in NYC office market

Rapper T.I.’s clothing line inks deal for NYC showroom

“Man v. Food” production group re-ups at 1071 Sixth Ave.

Sportswear retailer signs on for more space at 1071 Sixth

Clothing maker signs rare Garment District lease