NEW YORK CITY — The Open Society Foundations, founded by billionaire George Soros, has signed a lease with M1 Real Estate for 160,000 square feet of office space inside the Argonaut Building at 224 W. 57th St. in New York City. The Open Society Foundations will occupy its new headquarters in the third quarter of 2012. Colliers International's Brian Given, Michael Cohen, Robert Bakst and Robert Sass represented the landlord, M1 Real Estate, in the transaction, while James Coleman and Steve Kaufman of Hanley Advisors and CB Richard Ellis' Eric Deutsch represented the Foundations. More than $25 million has been spent in renovations to the Argonaut Building, which is LEED Gold certified. The Foundations has joined General Motors and The Hearst Corporation as being one of three tenants to occupy the space since the Argonaut's construction in 1909, according to M1 Real Estate.
The Argonaut Building at 224 W. 57th St. in New York City.
351
previous post