Leases  ·  Retail

Ritzy Soho Co-op Provides Shelter to Pet Adoption Organization

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A residential co-op building in Soho that offered cheap rent to draw a new retail tenant has sealed a deal to provide a New York City home to Best Friends Animal Society, Commercial Observer has learned.

The non-profit no-kill pet adoption agency has leased the 3,300-square-foot storefront at 307 West Broadway, and the 2,000-square-foot basement (for storage) for the asking rent of $325,000 a year, Lansco Corporation’s Robin Abrams and Lisa Rosenthal told CO. They represented the co-op, as CO previously reported, and Lansco’s Roger Eulau and Ron Ruskin worked on behalf of Best Friends.

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The lease in Soho Garden deli’s old space between Broome and Canal Streets is for 10 years and the non-profit is slated to move in at the end of the year, Ms. Abrams said.

The trickiest part of the lease, she noted, was determining the number of dogs and cats that should be permitted at the center.

“We did not want it to be overwhelming in terms of having lots of animals at the premises,” Ms. Abrams said. (The exact number of pets permitted wasn’t immediately available.)

Best Friends operates the nation’s largest sanctuary for homeless animals in Utah and provides adoption, spay/neuter and educational programs. Best Friends already has a presence in New York City, playing host to the annual pet super adoption and Strut Your Mutt events. In addition, in collaboration with Animal Care and Control of NYC, Best Friends has created a foster program in New York.