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Upper Manhattan Empowerment Zone Signs New Headquarters Lease

Taconic Partners, The Prusik Group, L+M Development Partners, and BRP Companies, announced today that they signed a lease with the Upper Manhattan Empowerment Zone Development Corporation (UMEZ) for new headquarters space at the Urban League Empowerment Center at 119 W. 125th St.

UMEZ will occupy 9,000 square feet on the sixth floor at the mixed-use development, joining existing office tenants The Studio Museum in Harlem, United Negro College Fund, and Virginia Union University at the building. The organization has been closely involved with the Urban League Empowerment Center since 2020, serving as a lender on the construction of the project. The investment advanced the development of affordable housing, commercial office and retail space, and the Urban Civil Rights Museum.

Ownership was represented in the transaction by Chris Mongeluzo, Brian Cohen, Eric Zemachson, and Chris Ventura from Newmark.  UMEZ was represented by Ruth Colp-Haber from Wharton Property Advisors. 

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Inside The Story

Newmark's MongeluzoWharton Property Advisors' Colp-Haber

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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