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Nonprofit Expands to Full Floor at 14 Wall St.

Nonprofit organization The Posse Foundation has renewed and expanded its headquarters space at 14 Wall Street in a deal arranged by Cushman & Wakefield. In its 15-year lease, the Posse Foundation, which recruits and trains student leaders from public high schools and provides them with college scholarships, will occupy the property’s entire 36,345-square-foot eighth floor.

A Cushman & Wakefield team of Alan Wildes, Jonathan Fein, Lou D’Avanzo and Carlos Suarez represented landlord ROZA 14W LLC in the transaction.

“14 Wall Street is a New York City landmark known for its unique office and retail spaces and neoclassical design,” said Wildes. “This transaction, which follows our recently completed renewal of NYU Langone in the building, demonstrates the landlord’s commitment and ability to retain long-term quality tenants.”

Built in 1912 as the Bankers Trust Building, the 37-story 14 Wall was acquired by Alexander Rovt for $303 million in 2012.

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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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