Feil Organization recruits real life Robin Hood, fills Union Square office building
Manhattan’s office market may be waiting on a fairy godmother, but it just got a boost from Robin Hood. The city’s poverty-relief nonprofit (not the investing platform) signed a lease for 53,000 square feet at the Feil Organization’s 841 Broadway in Union Square, the Commercial Observer reported. Asking rent at the building is approximately $80 per square foot. The 30-year lease will see Robin Hood relocate from the nearby 826 Broadway to four floors of the Roosevelt Building. The move marks an expansion from its current 37,000-square-foot presence, according to Crain’s. The organization’s managing director for real estate, Susan Sack, […]
This article originally appeared on The Real Deal. Click here to read the full story.
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