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New York & Tri-State  + Uptown/Bronx  + Office  | 

Harlem Build-to-Suit Will Be New Children’s Aid HQ

Children’s Aid will move its headquarters from Midtown to a new space at West 124th Street and Lenox Avenue in Harlem, where 11 of its 40-plus sites citywide are located. The new location, which consolidates two Midotwn offices and a Harlem site, is a 55,565-square-foot build-to-suit commercial condominium that will be spread over four floors.

Phoebe Boyer, CEO of Children’s Aid, said the relocation is “an investment in the future of Children’s Aid. It ensures that we can lock in our office space costs over the long term, which is all the more critical today as we confront the challenges all nonprofits face of delivering critical services with increasingly uncertain funding sources.”

Transwestern’s Stephen Powers, Lindsay Ornstein, Ryan McKinney, and Mac Means represented Children’s Aid in purchasing its new headquarters space. The building owner, Rockfeld, was represented in-house. Occupancy is expected by the summer of 2020.

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-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 15-20 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 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).