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Nonprofit Hires TRES to Sell Yonkers Campus

Human services organization Rising Ground has hired Transwestern Real Estate Services to sell its Leake & Watts campus in Yonkers, NY. The team of Stephen Powers and Lindsay Ornstein has listed the 32-acre property overlooking the Hudson River.
 
“The sale of the property will enable us to maximize the use of our charitable assets to further our mission, which is to help children, adults, and families rise above adversity by providing caring support and proven paths to positive change,” said Matt Del Percio, president of the Rising Ground board of directors.

The campus currently houses the Ames Early Childhood Learning Center; the Biondi Education Center; the Residential Treatment Center; Passage of Hope; and five residences for adults with intellectual and developmental disabilities. Del Percio said Rising Ground plans to relocate those programs to other sites in New York City and Westchester.

For comments, questions or concerns, please contact Paul Bubny

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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 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).

  • ◦Sale/Acquisition