West Harlem Development Corporation Renews Lease at Sweets Building
The West Harlem Development Corporation (WHDC) has a sweet tooth.
The nonprofit renewed its 2,000-square-foot lease and took an additional 900 square feet at the top of the Sweets Building, the former site of a candy factory where Dentyne gum was invented, Commercial Observer has learned. Asking rent was $62 per square foot.
The lease renewal and top-floor expansion at 423 West 127th Street are for three years, running until the end of 2024, according to landlord Janus Property Company. The five-story commercial office building is bounded by West 127th Street and Convent Avenue.
“We’re thrilled to have the West Harlem Development Corporation expand within the Sweets Building,” Janus Property’s Jerry Salama said in a statement. “[Its] goal to elevate the community in West Harlem through constant collaboration with nonprofits, businesses, institutions, government agencies and other stakeholders is one of many reasons we are proud to continue our relationship in the heart of West Harlem.”
The deal, finalized May 10, means WHDC will continue to live amongst its tenant neighbors: Studio Museum in Harlem, Graham Windham, African Services Committee, Janus Property Company and Dash Media.
Janus Property Company handled the deal in-house and the tenant represented itself in the deal. WHDC did not immediately respond to a request for comment.