Cutting-edge fertility clinic inks 35K sf lease 

Kofinas Fertility Clinic is relocating from NY Methodist Hospital in BK

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

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.


Related Articles

arrow_forward_ios
From left:  Joseph Chetrit, 404 Fifth Avenue and WeWork CEO Sandeep Mathrani (Photos via Wikipedia Commons; Google Maps)
WeWork battles Chetrit Group over Midtown lease
WeWork battles Chetrit Group over Midtown lease
Joseph Chetrit and 49 Chambers (Getty, 49 Chambers)
Chetrit lands $90M inventory loans for Tribeca condo conversion
Chetrit lands $90M inventory loans for Tribeca condo conversion
Sharif El-Gamal, Joseph Chetrit and 1384 Broadway (Getty; Google Maps)
Chetrit Group sues Sharif El-Gamal for unpaid rent
Chetrit Group sues Sharif El-Gamal for unpaid rent
2870 Ocean Avenue and Isaac Chetrit, and 936 Home Street (Google Maps) 
Chetrit family’s dev site buy tops weekly mid-market sales
Chetrit family’s dev site buy tops weekly mid-market sales
Chetrit Group principal Michael Chetrit and 850 Third Avenue (850thirdavenue, iStock, Discovery Channel)
Chetrit battles Discovery Channel at 850 3rd Avenue
Chetrit battles Discovery Channel at 850 3rd Avenue
150 East 86th Street (Google Maps)
Barnes & Noble closing on Upper East Side
Barnes & Noble closing on Upper East Side
Joseph Chetrit and 88-20 153rd Street (Credit: Getty Images, Google Maps)
Chetrit plans fifth apartment building at Jamaica hospital site
Chetrit plans fifth apartment building at Jamaica hospital site
Joseph Chetrit and 98 Montague Street in Downtown Brooklyn (Credit: Getty Images and Google Maps)
Chetrit Group lands $112M refi for Hotel Bossert project
Chetrit Group lands $112M refi for Hotel Bossert project
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...