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Howard Gilman Foundation Acquires Harbor Group Office Condo

The Howard Gilman Foundation, which supports performing arts in New York, has acquired an office condominium at Harbor Group International’s 24 W. 40th St. Financial terms weren’t disclosed. The foundation will move into the 5,300-square-foot space in late 2019.

A forthcoming lease expiration provided the foundation with a clear opportunity to think strategically about its office environment and location, and the organization engaged Denham Wolf to identify and evaluate real estate options. Eight blocks south of the foundation’s former offices at 1 Rockefeller Plaza, the condo purchase will expand the size of its office space.

“The Howard Gilman Foundation has done so much for this city and its artists,” said Paul Wolf, co-president of Denham Wolf. “We are proud to have helped the foundation determine the right space from which to provide its invaluable support to New York’s artistic institutions.”

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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).

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