The Real Deal New York

CUNY school expands to 245K sf at Resnick’s 255 Greenwich

Borough of Manhattan Community College takes an additional 78K sf
By Rich Bockmann | May 04, 2018 04:00PM

255 Greenwich Street and Resnick’s Brett Greenberg

The Borough of Manhattan Community College expanded its footprint at Jack Resnick & Son’s 255 Greenwich Street in Tribeca to nearly 245,000 square feet.

The two-year City University of New York school inked a 17-year lease for nearly 78,000 square feet in the building, the landlord confirmed to The Real Deal.

Asking rent for the space was $60 per square foot.

The space on the entire 3rd floor and the portion of the 2nd floor that the college didn’t already occupy became available last year after the previous tenant, communications company R.R. Donnelley, relocated.

“The college is there and they have a private entrance and they needed more space, so it worked out,” said Brett Greenberg, Jack Resnick’s head of leasing, who represented the landlord in-house alongside colleague Adam Rappaport.

A CBRE team of Stephen Siegel, David Hollander and Richard Levine represented BMCC.

BMCC is the largest tenant in the 14-story, 624,000-square-foot building at the corner of Greenwich Street and Park Place. The college back in 2013 inked a 20-year renewal for a little more than 167,000 square feet in the building, where it had been a tenant for the previous 10 years.

The new deal sets up both leases to expire coterminously in 2035.