Rising Ground Signs 15-Year Lease For Office Space At 111 Livingston Street In Downtown Brooklyn

The property involved in this transaction is located at 111 Livingston Street in Downtown Brooklyn, featuring an office asset type with a total square footage of 27,147. Rising Ground has secured a 15-year lease for this space, which is scheduled to open in spring 2025.

Summary of transation details:

• Property Type: Office
• Transaction Amount: Not disclosed
• Address: 111 Livingston Street
• Market: Downtown Brooklyn
• Landlord: Abraham Leser - The Leser Group
• Tenant: Rising Ground
• Brokers: Alexander Smith, Kendall Elliott, Lindsay Ornstein & Stephen Powers - OPEN Impact Real Estate

Rising Ground, identified as a human services nonprofit organization, will utilize the new space as a "multifamily Brooklyn hub," while the administrative personnel will continue to operate from its Manhattan headquarters.