Lease Beat

First Chinese Presbyterian Community Affairs Signs For 8,600 Square Feet at 30 Broad Street

First Chinese Presbyterian Community Affairs has signed a 10-year, 8,600-square-foot lease at 30 Broad Street in the Financial District.

Marc Shapses and Nancy Weinstein of Studley represented the tenant, a faith-based nonprofit organization. Richard Doolittle and John P. Howard of Murray Hill Properties represented the landlord, Gotham Realty Holdings. Asking rents were $34 per square foot.

30broad First Chinese Presbyterian Community Affairs Signs For 8,600 Square Feet at 30 Broad Street First Chinese  will move into a a pre-built and fully furnished space in the 431,502-square-foot, 46-story Art Deco building located just 200 feet from the New York Stock Exchange. Neighboring tenants will include Skygroup Realty, a residential brokerage firm that last December signed for 2,340 square feet at 30 Broad Street.

The deal was completed in just three months. “I think it was a matter of the space being built and furnished,” Mr. Shapses. “We worked hard and moved quickly to negotiate.” First Chinese will relocate from 121 Avenue of the Americas in the Hudson Square district.

Representatives from Murray Hill Properties could not be reached immediately for comment.

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