Deals & Dealmakers

Non-profit subleases Conde space on Third

JLL completed a new transaction for The Children’s Aid Society with sublandlord Condé Nast at 711 Third Avenue.

The nonprofit subleased 29,240 s/f from the publishing company at building.

The tenant was represented by Ellen Herman and Jason Schwartzenberg, executive vice presidents, with JLL. Condé Nast was represented by Peter Gross, senior broker and co-head of operations, with Douglas Elliman Commercial.

The Children’s Aid Society sought new headquarters space following the sale of its long-term home at the United Charities Building on 22nd Street. It signed a five-plus-year sublease .

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