SWEDISH SCHOOL SIGNS LEASE IN MANHATTAN

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NEW YORK CITY — Stokholm-based Kunskapsskolan schools has inked a 10-year lease for 15,000 square feet at 38 Delancey St. on the Lower East Side. The building will house the company's first leased school in the U.S., Innovate Manhattan. The charter middle school will include grades 5 through 8. Kunskapsskolan operates 34 schools in Sweden and in the United Kingdom. Peter Braus of Lee & Associates represented the tenant in the transaction. Michael Chen of Bond New York represented the landlord.

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