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Deals & Dealmakers

Jewish Community Relations Council of New York Signs 10-year, 7,800-SF Lease at 520 Eighth Avenue

 GFP Real Estate LLC is pleased to announce that The Jewish Community Relations Council of New York, Inc. (JCRC-NY), the pro-active central coordinating and resource organization for the Jewish community in the eight-county metropolitan New York area, has signed a 10-year lease for 7,800 square feet of space on the 14th floor of 520 Eighth Ave. in the Garment District.

Matthew Mandell of GFP Real Estate represented the owner, GFP Real Estate.  JCRC-NY plans to use its new space for its executive and general offices; GFP Real Estate will build out the space according to JCRC-NY’s specifications.  The space was previously occupied by LogOn Computers.

“JCRC-NY is one of the most respected and active non-profits in the region, and we are thrilled to have them join the roster at 520 Eighth Ave.,” said Jeffrey Gural, Chairman and Principal of GFP Real Estate.

Built in 1926, the 26-story office tower comprises more than 860,000 square feet in New York City’s famed Fashion District near Hudson Yards, Herald Square, Times Square, Madison Square Garden and Penn Station. The building is in close proximity to the Port Authority bus terminal and provides convenient access to numerous transportation lines, including the A, C, E, 1, 2, and 3 trains, as well as the Amtrak, LIRR and NJ Transit lines.

Major tenants at the 93-percent leased building include ASPCA, SelfHelp, and Ripley Grier Studios, among others—the building has seen more than 150,000 square feet in new leases over the past year.

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