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Not-for-Profit Moves Program Space to Lower East Side
Savills Studley has arranged a relocation for AHRC NYC, a chapter of The Arc New York. The not-for-profit will move its program space from 315 Hudson St. to 15,820 square feet at 101 Norfolk St. on the Lower East Side, where it will have its own dedicated entrance, lobby and elevator.
The tenant, which provides in-home support for those with developmental disabilities, was represented by Savills Studley’s Marc Shapses, Roi Shleifer and Seth Wasserman. The landlord, Delancey Norfolk LLC, was represented by Sinvin Real Estate’s Christopher Owles and Randy Kornblatt.
“AHRC NYC was facing rent increases, and retained Savills Studley nearly two years in advance of its existing lease expiration in an effort to secure its future and optimize resources,” said Shapses. “Because AHRC NYC was proactive, we had optimal time to survey the entire market and create a real estate solution that would satisfy all of the organization’s needs.”
For comments, questions or concerns, please contact Paul Bubny
- ◦Lease
