New York Academy of Sciences takes over 21K SF at Trinity Center – Commercial Observer

The scientific high society heads to the financial district.

The New York Academy of Sciences signed a 15-year lease for 20,766 square feet at 115 Broadwayalso know as trinity centeraccording Cushman & Wakefield, whose team Weiss brand Y jonathan schindler handled the deal for the tenant. The requested rent was $59 per square foot in the deal that closed last month, according to mike gearthe property manager of the building in the owner Capital Properties.

Capital Properties’ 451,616-square-foot building is part of a pair of semi-detached towers next to trinity church and it was a good fit for the academy, which has a similar history since it was established more than 200 years ago, Geary said. The owner is upgrading the property’s elevators and plans to turn Thames Street, which is between the adjoining towers into 111-115 Broadway — in a pedestrian plaza.

The New York Academy of Sciences will move into its new space from 40th floor from 7 World Trade Center this summer. Your new home also houses investors bankgreeting card company paperless publishing and the advertising agency johannes leonardo.

“The strategic location, historical importance, and architectural significance of 115 Broadway make it the perfect home for the New York Academy of Sciences to continue its mission of driving innovative solutions and addressing global challenges,” Schindler said in a statement. .

Capital Properties’ hani salama handled the deal for the landlord internally.

Celia Young can be contacted at [email protected].

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