Cutting-edge fertility clinic inks 35K sf lease 

Kofinas Fertility Clinic is relocating from NY Methodist Hospital in BK

TRD New York /
Sep.September 29, 2017 08:00 AM

Paul Wexler and 65 Broadway

A fertility doctor with a groundbreaking procedure that could help women who suffer from cancer have a natural pregnancy inked a 35,000-square-foot lease for a new clinic in the Financial District.

Kofinas Fertility Clinic took the entire 14th and 21st floors at the Chetrit Group’s 65 Broadway in a 16-year deal, according to the tenant’s brokers. Asking rent was in the mid-$50s per square foot.

Corcoran’s Paul Wexler, who negotiated the deal along with colleague Josef Yadgarov, said the Lower Manhattan location makes sense as “more and more services are coming downtown to the booming Financial District.”

Thomas Kaufman of Interrelate Group represented Chetrit in the deal.

The Kofinas clinic is relocating from its current location at the New York Methodist Hospital in Brooklyn. Chetrit bought his partner A.M. Property Holding Corp. out of the landmarked, 21-story building in 2014 in a deal that valued the 350,000-square-foot building at roughly $140 million.

Dr. George Kofinas’ procedure harvests ovarian tissue and freezes it before chemotherapy, which causes ovarian damage, to be transplanted at a later date. The Only Other Place in the Untied States where the procedure has been performed frequently is a clinic in St. Louis, the New York Post reported.


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