Leases   ·   Office Leases

Parkinson’s Wellness Foundation Launches in 7K SF at 133 East 58th Street

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A newly launched nonprofit, the Parkinson’s Wellness Foundation, will open its first headquarters in Manhattan’s Plaza District this summer, Commercial Observer has learned.

The foundation, which will offer a range of programs addressing challenges faced by those with Parkinson’s disease, has signed a 10-year lease for 6,733 square feet on part of the sixth floor of Jack Resnick & Sons133 East 58th Street, according to the landlord.

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“We are proud to welcome the Parkinson’s Wellness Foundation to 133 East 58th Street,” Jonathan Resnick, president of Jack Resnick & Sons, said in a statement. “This building is a perfect fit for all types of health care and medical office users, and we look forward to having Parkinson’s Wellness and its important mission join the building’s community.”

The landlord declined to provide the asking rent, but a report from Colliers found office rents in Midtown averaged $79 per square foot in February.

CompassAdelaide Polsinelli and Marc Shulman brokered the deal for the tenant, while Jack Resnick was represented in-house by Frances Delgorio and Brett Greenberg.

“We are thrilled to have secured a location in the heart of New York City, where the foundation can provide essential services for individuals living with Parkinson’s disease,” Polsinelli said in a statement to CO. “This new space allows them to expand their offerings and support individuals on their journey, equipping them with the tools they need to lead healthier, more fulfilling lives.”

A spokesperson for Parkinson’s Wellness Foundation could not be reached for comment.

The foundation’s new space in the building on East 58th Street between Lexington and Park avenues will serve as its “central hub for wellness programs, community engagement and advocacy for the Parkinson’s community,” Jack Resnick & Sons said.

The landlord is also “executing a full buildout of the space” before the foundation moves in this summer, according to the release.

The 15-story 133 East 58th is also home to medical tenants Manhattan Integrative Cardiovascular, NY Laser Vision Optical and Shah Medical Associates, which all signed deals at the building in September 2022.

Isabelle Durso can be reached at idurso@commercialobserver.com.