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

Borough of Manhattan Community College takes an additional 78K sf

New York /
May.May 04, 2018 04:00 PM

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.


Related Articles

arrow_forward_ios
Major real estate stocks ended in negative territory this week. (Getty)
Real estate stocks, markets jittery over inflation
Real estate stocks, markets jittery over inflation
Joseph Chetrit with 427 and 459 (left) Broadway (Getty, Beyond My Ken/Wikimedia)
Chetrit Group falls behind on Soho portfolio mortgage
Chetrit Group falls behind on Soho portfolio mortgage
Joel Landau, chairman and founder of Allure Group. (Google Maps, Score NYC)
These were the top outer-borough loans last month
These were the top outer-borough loans last month
David Schonbraun (SL Green)
SL Green investment chief David Schonbraun steps down
SL Green investment chief David Schonbraun steps down
Aby Rosen and 522 Fifth Avenue (Getty, Google Maps)
RFR pitches Fifth Avenue office building as “build-to-suit” corporate HQ
RFR pitches Fifth Avenue office building as “build-to-suit” corporate HQ
Nearly half of new shops in 2021 will be dollar stores. (Getty)
2021 is raining dollar stores
2021 is raining dollar stores
National chains and mom-and-pop stores are seeing increasing sales per square foot and shrinking occupancy costs (Getty)
National chains paid 93% of rent in April
National chains paid 93% of rent in April
(RIPCO, iStock)
Target, Five Below, Smashburger open in new Brooklyn shopping center
Target, Five Below, Smashburger open in new Brooklyn shopping center
arrow_forward_ios

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

Loading...