Greater New York Hospital Association, a New York-based healthcare trade association, has signed a long-term lease expansion at the BMW Building, which is located at 555 West 57th Street, between 10th and 11th Avenues, The Commercial Observer has learned.
The group has expanded for an additional 7,278 square feet on the 12th floor of the 20-story building. The organization, which has been a tenant in the building since 1988, will now occupy part of the 11th and 12th floors and the entire 15th floor, totaling more than 108,000 square feet of office space in the Midtown Manhattan office building.
“The Greater New York Hospital Association has been a client for more than 20 years and we have been able to provide flexibility for them to expand at 555 West 57th Street,” said Cushman & Wakefield Executive Vice Chairman Josh Kuriloff, who represented the tenant with Director Jodi Roberts, in a statement. “It’s personally rewarding to represent such an outstanding organization which works tirelessly every day to improve health care in this great city.”
Founded in 1904, Greater New York Hospital Association is a trade association comprising nearly 250 hospitals and continuing care facilities, both voluntary and public, in the metropolitan New York area and throughout the state, as well as New Jersey, Connecticut and Rhode Island. The organization’s mission is to help hospitals deliver the finest patient care in the most cost-effective way.
The property, located between 10th and 11th avenues, is 20 stories and features a large outdoor plaza area. All floors offer river views and efficient floor plates and tenants include Beth Israel Medical Center, BMW, CBS Broadcasting, Inc. and the City University of New York.
The landlord was represented in house by Steven Durels and Elaine Anazagasty of SL Green Realty Corp. The brokers involved in the deal were not available for additional comment.