Cushman & Wakefield has arranged two 20-year leases on behalf of Spring Education Group, LLC for BASIS Independent Schools.
BASIS Independent Schools will occupy 34,500 s/f at 556 West 22nd Street in Manhattan and 62,737 s/f at 138 Willoughby Street in Brooklyn.
A Cushman & Wakefield team of Ron Lo Russo, Heather Thomas, Jay Stewart, Rico Murtha and Helen Paul represented Spring Education Group at 556 West 22nd Street, while Jay Stewart, Rico Murtha and Helen Paul represented them at 138 Willoughby Street.
“As our New York City private school campuses located on the Upper West Side and in Red Hook are reaching capacity, we are thrilled to be expanding and opening new campuses in both Chelsea and Brooklyn,” said Matt Dick, President, BASIS Independent Schools.
In Chelsea, BASIS Independent Schools will occupy the entire building (rendering pictured top) and serve students in grades 6 through 12. In Downtown Brooklyn, the new BASIS Independent location will serve as a Lower School campus for students in Pre-K through grade 2 and will be a part of the new 1.8 million square foot City Point mixed-use development. Both schools are set to open in fall 2021 and are currently accepting applications.
“Spring Education Group’s decision to expand BASIS Independent Schools in Chelsea and Brooklyn is a testament to the high demand for quality educational space in New York City,” added Ron Lo Russo.
BASIS Independent Schools is a national network of Pre-K – 12 private, secular schools that educate students around the country. Since the first campus opened in 1998, BASIS Curriculum Schools are consistently recognized as some of the most accelerated and top performing schools in the world.