Columbia University Fertility Consolidating Within 5 Columbus Circle
By Liam La Guerre April 27, 2018 3:25 pm
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Columbia University Fertility Center has signed an 11,530-square-foot lease at 5 Columbus Circle to relocate its offices within the building, Commercial Observer can first report.
The clinic, which was situated on part of the second and the fourth floors, will consolidate its offices onto one entire floor of the 21-story building at the intersection of West 58th Street and Broadway, according to a spokeswoman for the landlord. She declined to disclose which floor.
The tower is owned by 1790 Broadway Associates, a partnership of investors. The rent in the 12-year deal was $88 per square foot, according to the spokeswoman.
Joe Migliozzi, Christos Kotsogiannis, and Claire and Sofia Milonas, who are co-presidents of 1790 Broadway Associates, handled the deal for the landlord in-house. The representatives did not have a statement about the transaction.
Columbia University Fertility Center, which is part of Columbia University, did not return a request for comment. Columbia University’s real estate department handled the deal for the fertility center, which also has a location in Scarsdale, N.Y.
The landlord of 5 Columbus Circle is currently completing a more than $10 million renovation of the 219,000-square-foot building, as CO previously reported. Also, retail chain nordstrom will open an 8,000-square-foot space on the base floors of the building as part of its larger Columbus Circle campus.
