Nonprofit Young Survival Coalition Leads Pack of Leases at 80 Broad Street
Billy Gray Aug. 5, 2013, 12:14 p.m.
The women’s advocacy group Young Survival Coalition signed the biggest of four leases announced at 80 Broad Street.
Andrew Stein of Vicus Partners represented the tenant, a nonprofit, in the 11-year, 5,720-square-foot deal. Hal Stein, Adam Leshowitz, and Todd Stracci of Newmark Grubb Knight Frank represented the landlord, Savanna. YSC will take up a portion of the 17th floor of the lower Manhattan tower.
Last week saw the latest flurry in a steady stream of new leases and expansions at 80 Broad. Savanna also announced leases by K3 Learning, Inc. (4,060 square feet), The Fulcrum Group (3,900 square feet) and Occam Global (2,230 square feet) in the 34-story, 410,000-square-foot tower. The four leases totaled 16,000 square feet. Messrs. Stein, Leshowitz and Stracci represented the owner in all of the transactions.
YSC will count fellow nonprofit Behavioral Ideas Lab, Inc. as a neighbor. That tenant signed a 10-year, 9,155-square-foot lease in the building in May. The previous month, the video security software company Mobotix Corp. inked a 7,840-square-foot deal at the property. The insurance defense firm McGivney and Kluger; Legal Solutions Group, LLC; and digital career and academic resource library LearningExpress, LLC have all moved to or expanded at 80 Broad Street in the past 12 months.
YSC is a global organization devoted to women under 40-years-old who are diagnosed with breast cancer.
Savanna acquired 80 Broad Street in 2011 after taking control of the property’s senior mortgage.