THE COLLEGE BOARD SELLS HEADQUARTERS BUILDING FOR $49.5M

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NEW YORK CITY — The College Board has completed the sale of its headquarters building, which is located at 45 Columbus Ave. in New York. Fordham University purchased the nine-story, 65,303-square-foot building for $49.5 million. The buyer plans to use the office space for its administrative offices. The College Board is relocating its headquarters to a 165,000-square-foot space within Brookfield Place at 250 Vesey St. David Lebenstein and Graham Stephens of Cassidy Turley, along with Kirk Diamond and Tim Farley of Cassidy Turley’s Atlanta office, represented the seller, while Joe Morningstar of Hudson Realty Capital represented Fordham University in the transaction.

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