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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.
For comments, questions or concerns, please contact Paul Bubny
