Holiday Happenings

Holiday Giving, Commercial Real Estate Style

A New York Cares coat donation box (photo courtesy of Related Companies).

The holiday season and the sense of community it can evoke is sometimes enough to pry even the most voracious macher’s focus away from the all-consuming adventure of buying, selling and leasing square footage for retail and office use. This year, firms executed their seasonal giving in various ways. Here are a few …

  • Related Companies  announced a $500,000 donation to the Mayor’s Fund to Advance New York to support Hurricane Sandy relief efforts. The firm also has partnered with New York Cares to create donation sites for the 2012 New York Cares Coat Drive in prominent retail locations in New York City and New Jersey. Donations will be accepted at Manhattan’s Time Warner Center, the Bronx Terminal Market, the College Point Retail Center in Queens, the Gateway Shopping Center in Brooklyn and the Clifton Commons Mall in Clifton, New Jersey. Donations will be accepted at all locations through December 31, 2012.
The Plan

See Furniture Plan for New York Cares’ New Space

26 Broadway.

Perhaps best known for its annual coat drive and television commercials featuring a shivering Statue of Liberty, New York Cares ranks as the city’s largest volunteer organization, with approximately 53,000 volunteers assisting on projects at 1,200 nonprofits, schools and government agencies throughout the five boroughs. With such an ambitious mission, however, it was no surprise that the 25-year-old organization would one day need to relocate from its 10,000-square-foot space at 214 West 29th Street. Sure enough, New York Cares officials reached out to Carri Lyon, a Cushman & Wakefield broker who helped the group pinpoint 16,000 square feet of new office space at 65 Broadway in January.

Two days before the organization’s official move-in date last Friday, Ms. Lyon and New York Cares executive director Gary Bagley reviewed the furniture plans with The Commercial Observer and discussed what, exactly, drew them to the A.M. Properties Holding Corp.-owned 65 Broadway. After the jump, the plan. Read More