
Nonprofit NAC Relocates to Redeveloped 825 Seventh Ave.
JLL has arranged a transaction to relocate nonprofit New Alternatives for Children (NAC) to 60,000 square feet at 825 Seventh Ave., the redeveloped Midtown office tower owned in a joint venture by Edward J. Minskoff and Vornado Realty Trust.
NAC was represented by JLL vice chairman Matthew Astrachan, EVP Ellen Herman and VP Hale King. 825 Seventh Aven. was represented by Vornado VP of leasing Edward Riguardi, EVP Jeffrey Sussman with Minskoff and John D. Ryan III, principal with Avison Young. The tenant’s space will include an exclusive rooftop setback terrace on the ninth floor.
“We are delighted to have worked with NAC to find superior new space operated by world-class ownership that has redeveloped 825 Seventh with an eye to accommodating the unique requirements of this industry-leading agency,” said Astrachan. “NAC will now have the canvas it needs to continue its important work in a collaborative and engaging environment.”
- ◦Lease