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Deals & Dealmakers

Cardiovascular Research Foundation moving to 1700 Broadway

Savills Studley arranged a 47,394 s/f lease for the Cardiovascular Research Foundation (CRF) at 1700 Broadway.

The nonprofit organization will occupy the 8th through 9th floors of the 699,000 s/f building located between West 53rd and 54th Streets.

Scott Weiss, Corporate Managing Director of Savills Studley, represented CRF. The new location will serve as the organization’s main headquarters office.

“Through this relocation, we were able transform the operations of CRF’s business by securing them a brand-new, cutting-edge facility that will support the mission of the organization,” Weiss said, noting that the new office allows for extra space for amenities and an expansion of the organization’s in-house television studio.

“1700 Broadway is a world-class working environment, and the new space meets CRF’s expanding needs on contiguous floors, which was a goal for the nonprofit.”

The landlord, Ruben Companies, was represented by John Schrenker of Ruben Companies and Peter Shimkin of Newmark Grubb Knight Frank. Colm Ralph, Corporate Managing Director of Savills Studley, provided project management services to the tenant.

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