Winchendon School Leases 12000 Square Feet At 45 W 34th St New York From GFP Real Estate

45 West 34th Street is a 12-story prewar commercial building located in New York, NY, encompassing a total of 12,000 square feet. The property features loft-style spaces, high-end finishes, open ceilings, and polished concrete floors. The attended lobby and common areas have been recently redesigned and renovated, complemented by new mechanical systems and a complete modernization of all elevators.

Summary of transaction details:

• Property Type: Lease
• Transaction Amount: $48-per-square-foot
• Address: 45 W 34th St, New York, NY, 10001
• Market: New York
• Tenant: Winchendon School
• Landlord: GFP Real Estate
• Tenant's Representatives: Edward DiTolla, Henry Warner, John Slattery (JLL)
• Landlord's Representative: Jeffrey Zund (Resolution Real Estate Partners)
• Brokers: Dana Moskowitz (Resolution Real Estate Partners)
• Lease Duration: 10 years
• Square Feet: 12,000

Jeffrey Zund, Head of Leasing at Resolution Real Estate Partners, facilitated the lease for the Winchendon School, which is relocating its New York City campus from Brooklyn to Manhattan. Dana Moskowitz also played a significant role in the transaction, highlighting the value of the location for the school’s mission of integrating local community experiences into its education model. The agreement includes plans for a new tenant-controlled HVAC system, with possession of the space set for August 2021.