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Deals & Dealmakers

Icahn School of Medicine moving to Ansonia at 2109 Broadway

The Icahn School of Medicine at Mount Sinai is moving to the famed Ansonia apartment building at 2109 Broadway.

The medical school, which currently has nearly 2,000 students, residents and fellows spread out across five campuses, took 18,500 s/f of space in the building. The deal was announced by Newmark Grubb Knight Frank Executive Vice President Jeffrey Roseman through Twitter.

“Happy to announce that the Icahn school of Medicine @ Mount Sinai has leased 18,500 sqft at the legendary #Ansonia. Additional space avail!” he wrote.

In an interview, Roseman said that Icahn signed a 15-year lease. The medical school will build out the space and move in by the second quarter of next year. The asking price was $400 per s/f for the ground floor and $125 per s/f for the second floor.

The Ansonia, which stands 17 stories tall and contains 385 units, has a colorful history. According to New York Magazine, Babe Ruth lived in the building with his wife after his contract was sold to the Yankees in 1919. It was also where a group of Chicago White Sox players plotted to take a dive during the World Series in exchange for $10,000 each. It became a landmark in 1972 after a weeklong demonstration highlighted by a five-hour show that blocked 73rd Street.

The retail space at the Ansonia was first put on the market in December of 2014. The available space then was 12,200 s/f, divided between the 2,200 s/f retail space on the ground floor and 10,000 s/f on the second floor.

Roseman and Drew Weiss represented the landlord, TBB LLC. Meanwhile, a Lee & Associates team composed of Leonard Zimmerman, Richard Rosenthal, Howard Rosen and John Cannon represented Mount Sinai.

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