A strong baseline of expertise, coupled with a practice of sharing knowledge and insights, helps us derive inventive solutions on every project.

Denham Wolf Real Estate Services, as exclusive agent, is pleased to present the rare opportunity to acquire a 40,000 SF, Prominent Upper West Side School Building

INVESTMENT HIGHLIGHTS

• 20 Large Classrooms
• Large Gymnasium, Library & Full Kitchen
• Level Access from Street
• Elevator
• Possession By Arrangement
  
• Completely Renovated in 2016
• 1.5 Blocks from Central Park
• Qualified purchaser may be able to assume 3.25% fixed rate bond of +-$21,000,000, maturing 2043

Denham Wolf’s Kate Hrobsky Recognized on New York Real Estate Journal's 2024 Women in Commercial Real Estate

NEW YORK – September 24, 2024 –  We are thrilled to share that Kate Hrobsky, our Senior Transaction Manager, has been named in New York Real Estate Journal's 2024 Women in Commercial Real Estate.

“Kate joined Denham Wolf following a successful career as a capital markets specialist followed by 13 years raising her family and volunteering in her local community. Her impact at Denham Wolf has been profound – she thrives in her interactions with her clients. Kate has been the consummate professional and deal maker, doing what it takes to achieve the best possible results on every assignment for every client. In addition to being a reliable, safe pair of hands she is also a developing leader in the firm, so it’s not hard to see why she deserves recognition.”

said Christopher D. Turner, MRICS, Principal, Managing Director of Transaction Services.

Congratulations, Kate Hrobsky, on this well-deserved recognition!

Read Kate's Interview Here

Denham Wolf is proud to announce that Paul G. Wolf, has been recognized as a Building & Real Estate Trailblazer by City & State.

As President and CEO, Paul Wolf guides Denham Wolf’s strategic direction, manages high-profile deals, and unites the team across several service lines. With more than 30 years of experience, Paul secures optimal outcomes for nonprofit clients through diverse real estate strategies.

Recently, Paul has shepherded several significant nonprofit real estate transactions, including the acquisition of 287 East 10th Street; the sale of an Archdiocese property; and is working on multiple development partnerships in Upper Manhattan.

Paul's groundbreaking vision to engage a philanthropic organization to purchase a property in the East Village for the sole purpose of reselling it for community use at a discounted rate, resulted in the Boys Club receiving a market value price for 287 East 10^th Street and enabling The Joyce Theater Foundation to expand in the East Village.

For the Archdiocese of New York, Paul led a highly competitive request for proposal (RFP) process, which

led to the sale of property that will bring more than 500 affordable housing units to Manhattan’s East Village. This project is in keeping with the Archdiocese’s long-standing commitment to providing affordable housing to the communities and demonstrates the many positive impacts that can be achieved when nonprofit and faith-based institutions collaborate with experienced real estate partners.

A dedicated mentor, Paul regularly lectures at universities like Columbia, Yale, and Brooklyn College, inspiring students to approach real estate innovatively. As an active member of the nonprofit community, he provides astute real estate advice and aggressively negotiates on behalf of his clients.

Read Paul's Interview Here

NEW YORK, NY (September 10, 2024) – Westbeth Artists Housing, the renowned artists housing complex in the heart of the West Village, announced today that The New School signed a 10-year lease to remain in its 20,000-square-foot space. The School of Drama at The New School has been located within Westbeth’s complex since 2003. Westbeth was represented by Denham Wolf Real Estate Services’ Christopher Turner, Kate Hrobsky and Lauren Davis who negotiated the lease agreement and are handling leasing for other available commercial spaces within Westbeth. The New School was represented by David Hollander, Larry Weiss, and Maxwell Tarter of CBRE.

Located along Bank Street, the more than 20,000-square-foot space spans three stories, featuring a double-height theater room on the top floor, classrooms, set and costume studios, and offices. Originally home to Bell Laboratories, the historic space was built in 1929 and used for early sound film experiments.

“Westbeth prides itself on being a diverse and creative arts enclave, and counting The New School as a long term member of our community deeply enriches our campus,” said Peter Madden, Executive Director of Westbeth Artists Housing. “We are proud to offer a space where the performing arts can thrive when they have the right partners who invest and care about the communities in which they are rooted.”

Westbeth sits just south of the world-famous Meatpacking District and the southern entry point to the High Line. To the west is the flourishing Hudson River Park which features local attractions including Gansevoort Beach, Little Island and Pier 51. Offering tenants the opportunity to immerse themselves in a rarely available artistic enclave in the heart of the West Village, Westbeth provides an ideal environment for collaboration and creativity, with leasing opportunities for office, retail and commercial space available across the campus.

About Westbeth

Founded in 1970, Westbeth Artists Housing is a nonprofit housing and commercial complex dedicated to providing affordable living and working space for artists and arts organizations in New York City. The Richard Meier-designed complex located on West and Bethune Streets in the heart of the West Village has provided 383 units of affordable housing and studio space since it opened 52 years ago. Over the course of its history, Westbeth has been home to a number of influential artists, musicians and performers, and played an important role in supporting and sustaining the creative community in New York and beyond.

About Denham Wolf

An essential resource for the nonprofit community, Denham Wolf Real Estate Services provides expertise in transactions, development, and project management. Through these integrated services, the firm empowers organizations to take a thoughtful, mission-first approach to real estate. Denham Wolf has partnered with hundreds of diverse nonprofit organizations since its founding in 1998, shaping millions of square feet across New York City and beyond. For more information, visit www.denhamwolf.com.

New York, August 14, 2024 - Today, Denham Wolf Real Estate Services is proud to announce the expansion of its staff and headquarters. Following the July hiring of Lori Shoffner and Chelsea Mullen, today we announce the promotion of Maddie McLaughlin from Senior Associate to Project Manager. In addition to our newest Project Manager, Denham Wolf has signed an 11-year lease to accommodate its continued growth, nearly doubling its footprint at 520 8th Avenue.

Director of Project Management Services Ron Innocent shared, "We're thrilled to advance Maddie to the Project Manager position. She is a diligent, enthusiastic, and reliable team member who has proven to be a great addition to our team.

As Director of Finance, Lori Shoffner brings her expertise in strategic planning, financial analysis, and small business management to the firm. As the firm's first Director of Finance, Lori comprehensively manages all aspects of Denham Wolf's finance, accounting, and operations. She collaborates with Principals, Project Leads, and external vendors to mitigate risk, uphold quality control, and provide strategic and profitability analysis. Lori is the primary contact for vendors and financial service providers and is critical in maintaining Denham Wolf's financial health.

"We are excited to bring Lori's expertise to our expanding administrative team. Her keen attention to detail and creative vision will undoubtedly benefit the team as we look towards the future," said Paul Wolf, managing principal, CEO, and co-founder of Denham Wolf.

As a Development Services Associate, Chelsea Mullen helps evaluate the feasibility and impact of development projects, conducts thorough diligence of real estate documentation, and supports preparing documents necessary for complex negotiations. She will also be instrumental in producing and administering Request for Proposals (RFPs).

Priya Ananthanathan, Director of the Development Services Team, said, "We are thrilled to be growing the Development Services team. Chelsea's enthusiasm for impactful development initiatives and her previous experience in consulting and at HUD are invaluable assets to the growth of our team."

"Denham Wolf jumped at the opportunity to expand our offices, gaining the additional space needed to support our significant growth. We are thrilled to have been able to negotiate this lease with the GFP Team," said Christopher Turner, who, along with Kate Hrobsky, negotiated the expansion on behalf of Denham Wolf.

About Denham Wolf Real Estate Services

An essential resource for the nonprofit community, Denham Wolf Real Estate Services provides expertise in transactions, development, and project management. Through these integrated services, the firm empowers organizations to take a thoughtful, mission-first approach to real estate. Denham Wolf has partnered with hundreds of diverse nonprofit organizations since its founding in 1998, shaping millions of square feet across New York City and beyond. For more information, visit: www.denhamwolf.com.

The Archdiocese of New York announced today that the Parish of St. Brigid-St. Emeric closed on the sale of property in Manhattan’s East Village to a development team that plans to build more than 500 units of affordable housing on the site.

The project is in keeping with the Archdiocese’s long-standing commitment to providing affordable housing to the communities it serves at a time when the citywide vacancy is at a historic low of 1.4 percent. The development on the site of the former St. Emeric church will supplement the 400 units of affordable housing being developed a few blocks south by the Grand Street Guild, an Archdiocesan-affiliated housing entity.

The purchaser is a joint venture co-managed by nonprofit developer Community Access and affordable housing developer Spatial Equity, as well as Duvernay + Brooks and Cooper Square Committee. The Archdiocese selected the project team following a competitive RFP process facilitated by Denham Wolf Real Estate Services. 

See the full article here

Historic East Village Townhouse Finds New Life Following Fire

After 150 years of ownership, WPA sells 110 Second Avenue for $7.4M

NEW YORK, May 21, 2024 – Denham Wolf Real Estate Services, Hirschen Singer & Epstein LLP, and their client, Women's Prison Association (WPA), today announced the sale of the Isaac T. Hopper Home at 110 Second Avenue in Manhattan. The nonprofit buyer, Self Reliance New York Federal Credit Union, will expand their footprint and community impact through the acquisition. Built in 1838 and designed in the Greek Revival style, the property is one of four buildings originally constructed for Ralph and Ann E. Van Wyck Mead and their family. The townhouse remained a single family home before WPA purchased the site in 1874. It was named after Isaac Tatem Hopper, a Quaker abolitionist who, with his daughter Abigail Hopper Gibbons, was integral to the creation of WPA. The property most recently served as a 38-bed transitional shelter dedicated to formerly incarcerated and at-risk women and their children. In December 2020, the townhouse sustained significant physical damage due to a fire that originated in a neighboring property, displacing the shelter’s residents and staff. Following careful study of the available options, WPA determined that a sale of the property would be most conducive to the building’s restoration and the organization’s programmatic continuity. The 8,372 square foot property is a designated New York City Landmark and on the National Register of Historic Places. Self Reliance New York Federal Credit Union, which promotes the financial wellbeing and security of its members and by extension the larger Ukrainian American community, plans to renovate the building and adapt it for administrative and community needs. The credit union’s headquarters are located next door at 108 Second Avenue.

With approximately 70 employees and 50 volunteers, WPA continues to operate from its other community sites in New York City and from jail-based offices on Rikers Island and in the Taconic and Bedford Hills State Correctional Facilities. Attorney Christine A. Coletta of Hirschen Singer & Epstein LLP acted as real estate counsel to WPA, the seller. WPA was represented in the transaction by Christopher D. Turner, MRICS, and Kate Hrobsky of Denham Wolf Real Estate Services, a real estate services firm that represents and advocates for nonprofits.

About Women’s Prison Association (WPA)
Women's Prison Association (WPA) was founded in 1845 as the nation's first organization dedicated to working with criminal justice-involved women and their families. Aiming to create opportunities for change in the lives of its clients, as well as in communities impacted by incarceration, WPA serves more than 1,500 women and 500 children each year. To determine which WPA program is right for you or to make a referral, call WPA at (646)292-7740 or email info@wpaonline.org. If you are currently incarcerated and seeking support, write to: Women’s Prison Association, 347 East 10th Street, New York, NY 10009.

About Self Reliance NY Federal Credit Union
Self Reliance New York Federal Credit Union was established in 1951 by a group of volunteers dedicated to the cooperative philosophy of "people helping people". It is currently the oldest and largest Ukrainian-American Credit Union with assets exceeding 1.3 billion dollars and branches located in Manhattan, Astoria, Uniondale, Lindenhurst, and Kerhonkson, New York. Learn more at www.selfrelianceny.org.

About Hirschen Singer & Epstein LLP
Hirschen Singer & Epstein LLP ensures the success of affordable housing and community development projects through zealous representation, creative financing, and true partnership with their clients. Based in New York City, the firm specializes in the representation of developers, tax credit syndicators and lenders in a wide variety of complex real estate transactions, including the development and operation of affordable housing and mixed-use projects under federal, state and city programs. Learn more at hirschensinger.com.

About Denham Wolf Real Estate Services
An essential resource for the nonprofit community, Denham Wolf Real Estate Services provides expertise in transactions, development, and project management. Through these integrated services, the firm empowers organizations to take a thoughtful, mission-first approach to real estate. Denham Wolf has partnered with hundreds of diverse nonprofit organizations since its founding in 1998, shaping millions of square feet across New York City and beyond. For more information, visit www.denhamwolf.com.

Additional Coverage: The Village Sun, EVGrieve

Denham Wolf is proud to announce that Christopher Turner, MRICS, has been recognized as a Nonprofit Trailblazer by City & State and NYN Media. As a Principal and Managing Director of Transaction Services, Christopher has led the expansion of his team at Denham Wolf and provided innovative professional practices to benefit his clients. Throughout his tenure at Denham Wolf, Christopher’s work has aided the expansion of healthcare services, performing arts, religious organizations, and many more. These organizations are better positioned today due to Christopher’s negotiation strategy and pioneering real estate planning.

Read Christopher's Interview Here

On Wednesday, April 24, Osborne Association announced the opening of its Fulton Community Reentry Center. We are pleased to share some photos from the day, and a look inside this transformed former prison.

Serving as Osborne’s Owner Representative, Denham Wolf’s Project Management Services team supported the organization as it undertook a major renovation of a 7-floor former prison in the Bronx. Starting in 2015, Osborne and Denham Wolf have worked tirelessly to transform the building into a reentry center for older adult men returning home from incarceration. This reentry program, which provides temporary housing and comprehensive support services, is designed to help individuals successfully reintegrate into their communities. This vital service is set to make a profound impact on the community, offering a second chance to those who need it most.

Today, the building comprises four residential floors providing 140 beds, two floors of program-specific offices and classrooms, dining facilities, and other community spaces. One of the unique features of the center is the on-site commercial kitchen, which will serve as the base of operations for Osborne’s own culinary arts program. This innovative initiative not only provides job training and employment opportunities for formerly incarcerated citizens but also contributes to the local economy.

The transformation of a former prison into a transitional home has not been easy, but it has been worthwhile. Denham Wolf is tremendously proud of our services and our part in turning this former prison into a transitional home. We led the assembly of the project team, oversaw design and construction, and supported the complex administration of funding and financing.

We want to extend a heartfelt congratulations to Osborne’s staff and board of directors, both current and previous, whose vision, dedication and leadership made this project a reality. The project was supported by numerous public and private donors whose support made the project financially feasible.

Check out the photos of the space and reach out if you want to learn more.

Additional News Coverage: Urbanize, Osborne Association, Bronx Times, News 12 Bronx, Crain's, News 12 Long Island, 

Repertorio Español Improves 27^th Street Theater with Accessibility and Quality of Life Upgrades

The improvement project, managed by Denham Wolf Real Estate Services, was supported by funding from DCLA and NYSCA.

NEW YORK, March 28, 2024 – Today, Repertorio Español (Repertorio), a leader in Hispanic American theater, announced the completion of a series of building improvements that have made its theater at 138 E 27^th Street a more comfortable and accessible place for all New Yorkers to experience high-quality performances of Spanish and Latin American drama. The newly improved performance space now includes an updated theatrical lighting system, enhanced IT and communications systems, and accessibility improvements such as new motion-activated LED lights for the aisles of the 120-seat theater.

“We are incredibly proud of the work that Denham Wolf Real Estate Services and Repertorio have done to complete the renovations of our beloved venue. With fresh carpets, plush seats, and a warm lobby, the new Repertorio will surely enhance our audience's experience, both now and for future generations,” said Rafael Sánchez, Executive Artistic Director at Repertorio Español. “Working with the Denham Wolf team has been extremely positive for our organization since they managed the project with continued communication and great advice. We invite everyone to join us and enjoy the improvements in any of our productions!"

Repertorio engaged Denham Wolf Real Estate Services (Denham Wolf), a leading real estate advisor to nonprofits, to help them manage the facilities improvement project and administer its grants from public sector funding sources like the Department of Cultural Affairs and the New York State Council for the Arts. Denham Wolf helped the theater maintain the project’s schedule and budget, oversaw the procurement of general contractor permits and the administration of public sector funding, and managed the design and construction of the facility upgrades. The upgrades were completed during the theater’s regularly scheduled winter break, ensuring no performances were missed, and the improved theater features brand new carpeting and seats retrofitted with translator bars for non-Spanish speaking audiences.

“Our project management team worked closely with our partners at Repertorio Español to ensure that its project funding was administered correctly and that the design and construction of the theater took place on time and on budget, which allowed the theater to make its improvements without missing any regularly scheduled shows,” said Paul Wolf, President, CEO, and Managing Principal at Denham Wolf. “We are proud to help Repertorio Español update its theater so it can continue to be a beacon of the New York City performing arts community.”

About Denham Wolf Real Estate Services

An essential resource for the nonprofit community, Denham Wolf Real Estate Services provides expertise in transactions, development, and project management. Through these integrated services, the firm empowers organizations to take a thoughtful, mission-first approach to real estate. Denham Wolf has partnered with hundreds of diverse nonprofit organizations since its founding in 1998, shaping millions of square feet across New York City and beyond. For more information, visit: www.denhamwolf.com.

Denham Wolf’s Nicole Hedges Recognized in New York Real Estate Journal's 2024 Women in Construction. We are thrilled to share that Nicole Hedges, Director of Construction, has been named in New York Real Estate Journal's 2024 Women in Construction. Nicole was recently promoted to Director of Construction and now helps lead our Project Management Services team.

“Nicole’s dedication to maintaining excellence in construction for spaces dedicated to nonprofits, her strong leadership abilities, and her commitment to mentoring younger staff make her an excellent candidate for this award. She leverages her extensive construction experience to help ensure a nonprofit’s mission is the guiding factor in its capital project,” said Ron Innocent, Principal and Managing Director of Project Management Services.

We congratulate Nicole Hedges on this well-deserved recognition!

Read Nicole's Interview Here

Denham Wolf Real Estate Services, as an exclusive agent is pleased to present the opportunity to lease a range of unique commercial spaces arranged around a courtyard setting at Westbeth in the West Village.

Since 1970, Westbeth Artist Housing (“Westbeth”) has provided affordable space to a range of artists, cultural organizations, and commercial tenants in accordance with Westbeth’s mission. The 650,000 SF complex of 10 connected buildings is in Manhattan's West Village, one of the most desirable neighborhoods in the city both residential and commercial uses. Situated amongst the tree-lined, cobblestoned street of this high income and walkable neighborhood, the Westbeth campus is home to a vibrant community of artists spanning multiple generations. Created to provide affordable housing for artists and their families, Westbeth has long provided opportunities for creative expression and cultural engagement. As a tenant here you will become submerged within a place of inspiration and artistic vision and enjoy easy access to the longstanding community. A short walk away from the heart of the West Village and the Meatpacking District, the campus provides tenants with unparalleled access to the city’s highest end boutique district. 

CAMPUS HIGHLIGHTS

• Walkability to Transit, Parks and Commercial Hubs, Cultural attractions like Pier 51, Little Island, Whitney Museum, The West Village's Wine and Food Hub
• High Average Household Income
• Unique Creative Community 
• Existing On Site Community Gallery
• Individually Landmarked Campus of Historic Significance
• Charming Details Such As Gorgeous Barrel-Vaulted Ceilings
• Floor-to-Ceiling Windows Facing Interior Courtyard 

SPACES AVAILABLE FOR LEASE

Suite 1803

• Square Foot: 3,948 RSF
• Possession: Immediate
• Ceiling Heights: 11 Feet
• Rate: Available Upon Request

Suite 1804

• Square Foot: 5,629 RSF
• Possession: Immediate
• Ceiling Heights: 11 Feet
• Rate: Available Upon Request

Suite 100

• Square Foot: 6,797 RSF
• Possession: Immediate
• Ceiling Heights: 20 Feet
• Rate: Available Upon Request

Suite 250

• Square Foot: 8,848 RSF
• Possession: Immediate
• Ceiling Heights: 10-11 Feet
• Rate: Available Upon Request

BOOK YOUR TOUR TODAY:

Kate Hrobsky +1 646 814 8856

Noah Trapolino +1 646 307 4548

Denham Wolf’s Gene Goldstein-Plesser Recognized on New York Real Estate Journal's 2024 Ones To Watch Rising Star

We are thrilled to share that Gene Goldstein-Plesser, Project Manager, has been named in New York Real Estate Journal's 2024 Ones To Watch Rising Star. 

“This year, Gene spearheaded the analysis of a potential deal structure for a local nonprofit. His work evaluated the viability of a partnership with a nearby community-serving nonprofit, which would allow the organization to provide additional services to the community while creating a sustainable income stream that supports its mission," said Paul G. Wolf, Managing Principal, CEO and President

We congratulate Gene Goldstein-Plesser on this well-deserved recognition!

Read Gene's Interview Here

NEW YORK, December 12, 2023 – Today, SAJ, a historic synagogue and Jewish community on Manhattan’s Upper West Side, announced that Calvary Baptist Church, an Upper West Side church, has signed a 2.25-year lease to rent and share space at SAJ’s 15 West 86^th Street synagogue. The lease will establish a close partnership between the organizations and aligns with both their future goals—Calvary Baptist Church and its parishioners will have an appropriately sized and ideally located place to meet and worship while they construct a new church building and SAJ, as the landlord, will receive an important revenue stream while it considers the right long-term partner for its space.  

"We are thrilled to welcome Calvary Baptist Church and their congregation to our synagogue building, and we look forward to working with them and sharing our space over the coming years," said Rabbi Lauren Grabelle Herrmann. "We are grateful to our real estate partners at Denham Wolf for their invaluable assistance securing this lease, and we are excited to continue our search for a long-term tenant who can make the most of the opportunities our synagogue building has to offer."

Located next to Central Park with excellent access to both buses and subways, the synagogue is outfitted with nine classrooms, two large multipurpose rooms, and six office and reception areas that will be shared by SAJ and Calvary Baptist Church over the course of the lease. The space is configured such that both Calvary Baptist Church and SAJ can continue to run services and programming for their respective congregations. The two religious institutions also hope to use the shared space to partner on programming and support each other’s goals and communities.

Denham Wolf Real Estate Services (Denham Wolf), a trusted real estate advisor serving the nonprofit community across New York City and beyond, worked closely with its partner SAJ to identify a tenant that would fit with the group’s long-term mission and plan. The 2.25-year lease will give SAJ time to find a new partner, such as a school or another religious institution, that can take full advantage of the building’s classrooms, administrative offices, and multipurpose rooms over the course of a long-term lease.

“By finding SAJ a short-term tenant and providing Calvary Baptist Church’s congregation a perfect home while their church is rebuilt, this lease keeps both organizations on the path toward achieving their missions,” said Lauren Davis, Director of Occupier Services at Denham Wolf. “We look forward to our continued work with SAJ as we find the right organization to serve as a long-term tenant and partner.”

Lauren Davis, Cameron Tuttle, and Christopher Turner of Denham Wolf represented SAJ in the deal. Calvary Baptist Church was represented by Stephen Sunderland of Optimal Spaces.

NEW YORK, December 4, 2023 - Today, Denham Wolf is proud to announce the sale of 287 East 10^th Street to The Joyce Theater Foundation (The Joyce). The purchase allows The Joyce to expand its programming capabilities and to offer rehearsal, performance, and administrative space at subsidized rates. The sale is the culmination of a multi-year process initiated by Denham Wolf in which a foundation purchased the site at a market rate solely to resell it for community use at a discounted rate. Denham Wolf believes that other foundations can use the sale of 287 East 10^th Street as a model to support nonprofits and their missions.

In addition to the reduced purchase price, the seller provided The Joyce with long-term financing which allows The Joyce to fundraise for the capital improvements necessary to adapt the building to its new purpose. The timeline to purchase and renovate a property often conflicts with a nonprofit’s ability to marshal resources. For this reason, community buildings frequently become market-rate housing instead of being retained as a community resource. With its proximity to Tompkins Square Park, the foundation believed the building provided many options for community use. The foundation worked with the community following its purchase of the building to create an RFP for nonprofits interested in repurposing the space for community-facing programs.

Priority was given to organizations that would serve the East Village and provide community benefit, whether through education, healthcare, performing arts, social welfare, advocacy, or beyond. Nonprofits were asked to demonstrate a stable, long-term financial plan for the project, including opportunities for public use of portions of the building.

While there were many great options for future operators of the space, The Joyce made a compelling argument and demonstrated a feasible plan for securing and updating the space for community use. The Joyce has announced a capital campaign to support the organization with renovations starting in continuous stages and intends to transform the East Village community center into a cultural hub for artists with an emphasis on dance.

"On behalf of The Joyce Theater Foundation and our committed Board of Trustees, I extend heartfelt gratitude to the dedicated seller and to our partners Denham Wolf for the unwavering support in realizing our vision of creating more opportunities for dancers and other New York City artists,” said Linda Shelton, Executive Director of The Joyce Theater Foundation. “The seller has been instrumental in helping The Joyce take the next step toward shaping not just a cultural hub but a vibrant community arts center with almost 60,000 square feet of much-needed studio and performance space, as well as valuable support spaces for artists all in the heart of the East Village. This is the start of a transformative journey which exemplifies the power of partnerships in enriching our shared cultural tapestry.”

Denham Wolf is thrilled to have facilitated The Joyce's expansion into 287 East 10^th Street and looks forward to working with other foundations to make real estate opportunities available to nonprofit organizations.

“Congratulations to The Joyce on this amazing milestone as they work toward transforming this facility in the East Village into a center for community and a hub for artists from across New York and beyond,” said Cultural Affairs Commissioner Laurie Cumbo. “The innovative partnership that ensured this building would create a valuable public asset will help our city continue to attract the dancers and performing artists that are so critical to making New York thrive, and we’re proud to invest in The Joyce’s vision for its future.”

“I am pleased to officially welcome The Joyce Theater Foundation to my district,” said Assembly Member Harvey Epstein. “The East Village has a rich history as a cultural and artistic hub and the addition of The Joyce Theater at 287 East 10th Street will be of great benefit to the community.” 

“I am pleased to officially welcome the Joyce Theater Foundation to my district,” said Assembly Member Harvey Epstein. “The East Village has a rich history as a cultural and artistic hub and the addition of the Joyce Theater at 287 East 10th Street will be of great benefit to the community.” 

“New York City is a beacon of artistic creativity that captivates audiences worldwide. For decades, The Joyce Theater has brought some of the most talented dancers in the world to our doorstep. I am thrilled that the Joyce is expanding its footprint with a space on Avenue A in the East Village, a community rich with cultural heritage and history,” said Council Member Carlina Rivera (D-02).

Press Coverage:  EV Grieve, Connect CRE, CRE Market Beat, Crain’s New York.

NEW YORK, November 17, 2023 – Today, Bronx Community Health Network (BCHN) hosted a groundbreaking ceremony for its new health and wellness diagnostic and treatment center in the Northeast Bronx. Renovations are starting soon to transform the location’s previously unoccupied 2-story building into a state-of-the-art outpatient medical, dental, and behavioral health center with associated support spaces. The center, located at 3763 White Plains Road, will mark a significant step forward in BCHN's mission to improve the health and well-being of the Bronx community for people of all races, genders, sexual orientations, income levels, and life circumstances.

“Our new health and wellness center is a much-needed resource for Bronx residents that will extend access to a wide array of affordable, evidence-based medical, behavioral health, and oral health care services,” said Dr. James Paine, Chief Executive Officer at Bronx Community Health Network. “From this new access point, we will also provide referrals to housing, jobs, and other socio-economic and human development services, as well as engage residents in activities that improve health outcomes, quality of life, and overall life expectancy.”

BCHN secured a long-term lease for the two-story, 11,000-square-foot commercial building, initiating a major capital improvement project to transform the space into a new Federally Qualified Health Center (FQHC). The project is set to be completed within six months, with occupancy and the commencement of patient visits scheduled for summer 2024.

The new health center’s service area will cover four zip codes, which currently span a total population of 263,436 persons, predominantly Black and Hispanic. According to data from the Health Resources & Services Administration’s Uniform Data System, approximately 38% of the expected patient population is designated low-income, and about 56.2% is medically underserved. BCHN's new health and wellness diagnostic and treatment center will serve approximately 6,700 patients in its first year, expanding to nearly 11,000 new patients by the third year of operation. It will also act as a source of employment for the community, with approximately 30 full-time jobs.

“In 2022, over a third of Americans had someone in their family who postponed healthcare because they couldn’t afford it. In the wealthiest country in the world, that is unacceptable,” said Congressman Jamaal Bowman, Ed.D. (NY-16). “Community health centers provide invaluable services to people who would otherwise have to choose between healthcare and other necessities. I am excited to see the difference that the Bronx Community Health Network’s new health and wellness center will make. Healthcare should be accessible and affordable for everyone, and this center will bring us closer to that goal.”

The center will offer comprehensive services, including medical, behavioral, and oral health care. Complementary health promotion, education, outreach, social support, care coordination and chronic disease management will also be provided along with pharmacy services. All patient services will be strategically located across the ground and second floor of the building, with a multipurpose space and conference rooms for community programming on the lower level.

BCHN has partnered with Denham Wolf Real Estate Services (Denham Wolf), a trusted real estate advisor serving the nonprofit community across New York City and beyond, to bring this vision to life. Denham Wolf has played a crucial role in supporting BCHN in assembling a team of consultants, negotiating contracts, and helping to facilitate the NYS Certificate of Need process for BHCN’s new health and wellness center. The planned renovations have been designed by DIGroupArchitecture, a minority-owned architecture and design firm, and an AIA NJ 2023 Firm of the Year, and NYC-based New York Engineers.

“It’s been very exciting working with the team at BCHN to help them not only construct their first stand-alone health center but also to support their growth as an organization,” said Jessica Stander, Director of Design at Denham Wolf. “We look forward to seeing more of BCHN’s projects come to fruition as the organization continues to provide quality healthcare to underserved areas of the Bronx.”

When completed, the new health center will expand BCHN’s footprint in the Bronx community and strengthen its efforts to deliver high-quality, affordable, evidence-based health care and related services in a culturally appropriate, patient- and community-centered environment.

About Bronx Community Health Network

Bronx Community Health Network (BCHN) is a not-for-profit, community-based organization and Federally Qualified Health Center founded in 1996 to ensure access to high-quality and comprehensive healthcare services. The organization provides a wide range of coordinated primary medical, social support, and enabling services for medically underserved/uninsured residents of the Bronx, through a network of 18 community- and school-based health centers. BCHN is committed to promoting disease prevention, early treatment, and healthy lifestyles.

Funded by the Health Resources and Services Administration since 1997, BCHN has invested more than $200 million in Federal grants to support quality, affordable health care for Bronx residents regardless of their ability to pay.

About Denham Wolf Real Estate Services

An essential resource for the nonprofit community, Denham Wolf Real Estate Services provides expertise in transactions, development, and project management. Through these integrated services, the firm empowers organizations to take a thoughtful, mission-first approach to real estate. Denham Wolf has partnered with hundreds of diverse nonprofit organizations since its founding in 1998, shaping millions of square feet across New York City and beyond. For more information, visit: www.denhamwolf.com.

For press inquiries, please contact Eli Judge at ejudge@groupgordon.com

Additional Coverage: Bronx Times, ConnectCRE, Crain's Health Pulse, NYREJ 

Denham Wolf Real Estate Services, as exclusive agent, is pleased to present the opportunity to lease four floors of newly constructed office space totaling 56,000 rentable square feet at 83 Maiden Lane. Floors 3-6 all measure 14,000 RSF and can be leased individually or combined.

SPACE HIGHLIGHTS

• Newly Built Installation
• Polished Concrete Floors and LED Lighting
• Available Immediately
• Ideally Configured for Hybrid Workspace
• Close to Subways Lines and Ferries
• Prime FiDi Location
• Corner Location Facing a Plaza

Denham Wolf’s Lauren Davis Recognized on New York Real Estate Journal's 2023 Women in Commercial Real Estate

NEW YORK – September 26, 2023 –  We are thrilled to share that Lauren Davis, our Director of Occupier Services, has been named in New York Real Estate Journal's 2023 Women in Commercial Real Estate. Lauren was recently promoted to Director of Occupier Services and now helps lead our Transaction Services team.  

“Lauren’s passion and dedication to nonprofits are surpassed only by her capacity to understand client’s needs and tenacity in finding the perfect real estate solution. Whether it’s a gallery, a headquarters office space, or a performing arts venue for a disability arts ensemble, Lauren excels at supporting complex space users,”

said Christopher D. Turner, MRICS, Principal, Managing Director of Transaction Services.

We congratulate Lauren Davis on this well-deserved recognition!

Read Lauren's Interview Here

Denham Wolf Welcomes Priya Ananthanathan as Director of Development Services

Her role will focus on helping clients understand and execute real estate development projects.

NEW YORK, September 18, 2023 – Today, Denham Wolf Real Estate Services, a leading nonprofit real estate advisor, is proud to announce that Priya Ananthanathan has joined the firm as Director of Development Services. With a decade of experience guiding nonprofits through acquisition, renovation, and new construction projects, Ms. Ananthanathan brings an innovative approach to development, technical expertise in navigating city government procedures, and excellent client relations skills to her new position.

“Priya’s deep knowledge of New York’s nonprofit development process, combined with her exceptional ability to work with clients of all kinds, makes her a perfect leader for our Development Services team. We’re proud to welcome her to Denham Wolf,” said Paul Wolf, Managing Principal and CEO. “As our firm continues to expand, we all look forward to seeing how Priya can help nonprofits use real estate development to further their missions.”

As the Director of Development Services, Ms. Ananthanathan leads a collaborative practice group in assessing, structuring, and negotiating real estate development opportunities for the nonprofit community. In her role, she helps clients understand the real estate development potential of their assets, determine the viability and mission impact of projects, and prepare to fully undertake new developments. She also provides managerial support to the members of the Development Services team, allowing Managing Principal and CEO Paul Wolf to provide oversight and counsel more effectively on all of Denham Wolf’s projects and clients.

“I’m thrilled to harness my deep experience in and passion for nonprofit real estate development in this new role at Denham Wolf,” said Ms. Ananthanathan. “I look forward to working with my new colleagues to strengthen and expand our firm’s services and to partnering with our clients to help them leverage their real estate assets to achieve their goals.”

Prior to joining Denham Wolf, Ms. Ananthanathan served as a Vice President within the Funding Agreements Team at the New York City Economic Development Corporation (NYCEDC), where she worked on more than 50 development projects valued at more than $500M. Her work included helping expand the Richmond University Medical Center Emergency Room and the Cogeneration Plant and renovating the Second Stage Theater’s new home on Broadway. She was the recipient of the 2019 NYCEDC Presidential Award, which is given annually to an individual who exhibits exceptional performance in teamwork, communication, and results.

Ms. Ananthanathan holds an M.S. in Urban Policy Analysis and Management from the Milano School of Policy, Management, and Environment at The New School. She graduated with a B.A. with honors in Philosophy from Western University in London, Ontario.

About Denham Wolf Real Estate Services

An essential resource for the nonprofit community, Denham Wolf Real Estate Services provides expertise in transactions, development, and project management. Through these integrated services, the firm empowers organizations to take a thoughtful, mission-first approach to real estate. Denham Wolf has partnered with hundreds of diverse nonprofit organizations since its founding in 1998, shaping millions of square feet across New York City and beyond. For more information, visit: www.denhamwolf.com.

For press inquiries, please contact Eli Judge at ejudge@groupgordon.com

As managing principal, chief executive officer and president at Denham Wolf Real Estate Services, Paul Wolf guides strategic direction, manages high-profile deals and projects and unites teams across transaction, project management and development services. With a 25-year track record, he secures optimal outcomes for nonprofit clients. Wolf leverages Denham Wolf’s nonprofit database for effective marketing, targeting organizations with suitable financial capacity and community-focused properties. He also mentors students and lectures at universities, including Columbia University, Yale University and Brooklyn College. Wolf is a longstanding board member of STREB Lab for Action Mechanics.

Denham Wolf Expands Management Team and Strengthens Client Offerings with Key Promotions

Lauren Davis and Jessica Stander assume newly formed director-level roles focused on tenant representation and design.

NEW YORK, [DATE] – Today, Denham Wolf Real Estate Services, a leading nonprofit real estate advisor, is proud to announce the promotion of Lauren Davis to Director of Occupier Services and Jessica Stander to Director of Design. These newly defined roles will add managerial and administrative capacity as Denham Wolf continues to grow its base of clients, strengthen the work of the Transaction Services and Project Management teams, and allow Principals Christopher Turner and Ronzard (Ron) Innocent to provide more broad guidance across all the firm’s clients.

“We are thrilled to promote Lauren and Jessica to these new roles as we continue to build and support a new generation of leadership at Denham Wolf,” said Paul Wolf, Managing Principal and CEO. “Their dedication to our clients, strong leadership abilities, and continued excellence in their work helps Denham Wolf support the missions of our clients. We look forward to seeing all that they can accomplish in their new roles.”

Davis has been a valued member of the Denham Wolf team for nearly a decade, where she has worked closely with the firm’s clients to provide a range of essential services, including brokerage and strategic planning. In her previous role as a Senior Transactions Manager, she led The National Academy of Design through a successful search and negotiation process for a new space, which resulted in the oldest artist-run organization in the country signing a new lease in the Chelsea Art District. In her new position, Director of Occupier Services, she will take on additional responsibilities managing the team of brokers and analysts and leading Denham Wolf’s acquisition and tenant representation projects.

Since joining Denham Wolf in 2022 as a Senior Project Manager, Stander, a registered architect with more than 20 years of design and capital project management experience, has guided nonprofits through every stage of the development process, from preliminary planning to occupancy. This year, she is overseeing ongoing construction improvements and strategic planning for multiple clients, including Congregation Beth Elohim’s 61,000 SF building in Brooklyn and managing the construction of Bronx Community Health Network’s new 12,000 SF Health and Wellness ambulatory care center. As the Director of Design, Stander will serve as a firmwide expert on design and architecture projects and provide managerial support to the nine members of the Project Management team.  

These promotions come as part of a broader expansion of the firm’s organizational structure that began when Ron Innocent and Christopher Turner became principals and co-owners earlier this year. As directors, Davis and Stander will take on additional managerial capacity on their respective teams, which will allow Innocent and Turner to manage the firm’s growing Project Management and Transaction Services practice groups more effectively. This transition will contribute to the firm’s growth and ensure that Denham Wolf continues to provide the highest quality of real estate services to the nonprofit community.

Other promotions announced today by Denham Wolf include Kate Hrobsky to Senior Transactions Manager; Cameron Tuttle to Senior Associate; and Hector Pineda to Senior Project Manager. These promotions reflect Denham Wolf’s continued growth and will allow the organization to serve its clients in New York City and beyond.

About Denham Wolf Real Estate Services

An essential resource for the nonprofit community, Denham Wolf Real Estate Services provides expertise in transactions, development, and project management. Through these integrated services, the firm empowers organizations to take a thoughtful, mission-first approach to real estate. Denham Wolf has partnered with hundreds of diverse nonprofit organizations since its founding in 1998, shaping millions of square feet across New York City and beyond. For more information, visit: www.denhamwolf.com.

For press inquiries, please email Eli Judge at: ejudge@groupgordon.com

Denham Wolf Real Estate Services, as exclusive agent, is pleased to present the opportunity to purchase a vacant, architecturally unique, 10,145 SF building most recently used as a column-free performing arts space and administrative headquarters. The property presents a prime opportunity for an owner-user or a developer.

INVESTMENT HIGHLIGHTS:

• Delivered fully vacant
• Column-free performance space
• 8,171 SF of excess development rights
• Located between the Theater District & Hudson Yards
• Nearby numerous transportation options
• Neighborhood character protected by the Clinton Preservation District

Property Description

This three-story former community facility is located in Hell’s Kitchen, a few blocks from the major commercial areas of Midtown West and Hudson Yards. The vacant property is a short walk from major Manhattan attractions, including the Broadway Theatre District and Times Square. The maximum FAR for the property, as either a residential or community facility, is 4.20, equating to 8,171 SF of additional development rights and a gross building area of 16,871 SF buildable as-of-right. 

The property is prominently positioned approximately 340 feet to the west of Ninth Avenue on the south side of West 44th Street, with 40 feet of frontage. The improvements comprise a voluminous building that has served as the home for a prestigious nonprofit organization that provides numerous services to New York’s performing arts industry.

424 West 44th Street was built in 1910 in the neo-Gothic Revival style. It is three stories tall with a partial lower level. There are several offices, a library, and a multi-purpose room on the ground floor, which can be accessed from the street via six steps. The staircases in the entryway provide access to the second floor with additional offices, a kitchen, and a double-height rehearsal area with an up-to-date Place of Assembly certificate. The staircase on the eastern side of the second floor leads to the third floor, which has offices and studies for visiting playwrights. Lastly, the eastern staircase provides access to a flat, renovated roof deck area with a large, covered storage area.

For additional information and access to the virtual deal room, please contact the exclusive broker:

Cameron Tuttle +1 646 307 4546
Kate Hrobsky +1 646 814 8856
Christopher D. Turner, MRICS +1 212 629 7013

On April 21 of the cursed year of 2020, the Upright Citizens Brigade — New York’s premier improv-comedy venue — announced it was closing its Hell’s Kitchen theater and training center permanently. Since then, the company explored becoming a nonprofit before being acquired by new owners who announced their intention to rebuild the once extremely powerful comedy institution. It now appears they are set to deliver on that promise, as UCB gears up to open a brand-new theater space on 14th Street in Manhattan this fall.

While UCB’s Franklin Theater in L.A. was the only physical location to survive the pandemic closures (it reopened in September 2022), New York, the city where the group was originally founded, has remained without a fixed venue for UCB shows, even as in-person classes resumed. The news of the new venue was announced Wednesday night at a community happy hour organized by UCB N.Y.’s three artistic directors, Michael Hartney, Iliana Inocencio, and Laura Canty-Samuel. “We’re planning on resuming performances in the fall of 2023, and that’s as specific as we want to get right now,” Hartney told Vulture. He said the group toured numerous spaces with Denham Wolf Real Estate, a company that traditionally assists nonprofits looking for space. “This 14th Street space is the one where we all walked in and went, ‘I can see it,’” Hartney added.

Read the article on the Vulture here

Denham Wolf’s Cameron Tuttle Recognized on New York Real Estate Journal's 2023 Rising Stars

NEW YORK – May 16, 2023 –  We are thrilled to share that Cameron Tuttle, our Senior Associate, has been recognized as a 2023 Rising Star by the New York Real Estate Journal. Cameron graduated from Lehigh University in 2020 and joined Denham Wolf in 2021. Since then, she has made significant contributions to our mission-driven real estate, catering to the unique needs of her clients. “Cameron is a talented professional and strong advocate for our nonprofit clients, tackling projects with efficiency and thoughtfulness. Her consistency and resilience translate into success for our clients—a storage facility for Community Healthcare Network, a new theatre and office space for the Lortel Foundation, and more major deals in the pipeline,” said Christopher D. Turner, MRICS, Principal, Managing Director of Transaction Services.

We congratulate Cameron Tuttle on this well-deserved recognition!

Read Cameron's Interview Here

Today nonprofits who own real estate are struggling with increased operating costs, higher interest rates, greater demand for social services, decreased philanthropy, shrinking endowments, and for some, diminished earned income. In this environment, nonprofits need their real estate to do more than just house their programs.

Join Denham Wolf experts Paul Wolf, CEO, and Gene Goldstein-Plesser, Project Manager, on March 31st at 12:30 to discuss creative strategies for identifying opportunities to unlock value and structuring transactions that serve your mission.  

At Denham Wolf, we are committed to the nonprofit community and are tenacious in our efforts to gain a competitive advantage and build capacity for these organizations.   

Register today for this webinar. 

The new theatre will house a public cooperative working space for artists and office space, in addition to the studio theatre. Lucille Lortel Theatre anticipates that the space will open in 2025. The $5.3 million purchase of the space, which was secured by Denham Wolf Real Estate Services, expands Lucille Lortel’s real estate holdings beyond their recently renovated Christopher Street theatre.

“An arts organization’s real estate portfolio can be a powerful tool in increasing their influence on the local culture,” Paul Wolf, co-founder and president of Denham Wolf, said in a statement. “We’re proud to have guided the Lucille Lortel Theatre through their purchase of a new, multi-functional space that will diversify their portfolio and solidify their position as a bulwark for Off-Broadway theatre.”

To Learn More Click Here.

The Lucille Lortel Theatre has purchased a three-story carriage house in Chelsea for $5.35 million in a transaction arranged by Denham Wolf Real Estate Services. Located at 134 W. 18th St., the building will act as the Theatre’s new headquarters, featuring a fully accessible 61-seat studio theater, a public, collaborative co-working space for artists, and new office space.

The purchase will expand the Theatre’s real estate portfolio, having a positive impact on its financial capacity and security, in addition to helping promote its growing programmatic initiatives in the New York City Off-Broadway theatre community. The fully renovated space is expected to open in 2025 and is in addition to the Theatre’s recently renovated historic theatre on Christopher Street.

Denham Wolf has been the Lucille Lortel Theatre’s real estate partner for more than two decades.

Read about it on Connect CRE.

The Lucille Lortel Theatre has purchased a three-story carriage house in Chelsea which will help support emerging artists, the creation of new theatrical works, and bolster New York's iconic downtown theatre scene. Located at 134 West 18th Street, the building will act as the Theatre's new headquarters, featuring a fully accessible 61-seat studio theater, a public, collaborative co-working space for artists, and new office space for the growing theatre company. The fully renovated space is anticipated to be open in 2025.

The purchase will expand the Theatre's real estate portfolio, having a positive impact on their financial capacity and security, in addition to helping promote their growing programmatic initiatives in the New York City Off-Broadway theatre community.

To Learn More Click Here.

A $5.3 million purchase has dramatically increased the footprint of The Lucille Lortel Theatre, a legendary Off-Broadway theatre (and theatre company) in Manhattan's Village neighborhood. The new space, a three-story carriage house in Chelsea, will include a 61-seat studio theatre, a collaborative co-working space for artists, and office space for the theatre company.

The theatre hopes the new space will help the company better support emerging artists and the creation of new works. Following renovations, the space is expected to open and become the theatre's headquarters in 2025.

To Learn More Click Here.

NEW YORK, March 2, 2023 – Today, the Lucille Lortel Theatre (The Theatre) and Denham Wolf Real Estate Services (Denham Wolf) announced the purchase of a three-story carriage house in Chelsea which will help support emerging artists, the creation of new theatrical works, and bolster New York’s iconic downtown theatre scene. Located at 134 West 18th Street, the building will act as the Theatre’s new headquarters, featuring a fully accessible 61-seat studio theater, a public, collaborative co-working space for artists, and new office space for the growing theatre company. The fully renovated space is anticipated to be open in 2025.

Denham Wolf Real Estate Services has hired Kate Hrobsky as transactions manager. In her new role, Hrbosky works to provide various essential services, including brokerage, analysis and strategic planning, to Denham Wolf’s clients.

A native New Yorker, Hrobsky has spent the past 20 years first working in capital markets and investment sales at Trammell Crow Company, then underwriting and purchasing assets for Shorenstein Properties LLC. After seven years of work in the corporate world, she further honed her skills buying assets for her own account and then building a family and place for them to live on the Upper East Side.

Hrobsky has managed the design and plan build process for her own assets in town and out of town, and has become skilled in managing multiple preferences, budget sensitivities and differing expectations in working with boards of directors.

To Learn More Click Here.

Denham Wolf Real Estate Services, as the exclusive agent, is pleased to present two unique leasing opportunities – A penthouse office space with 9,018 RSF and 360° views of Manhattan on the 13th floor of Westbeth and a penthouse performing art space with 9,797 RSF on the 11th Floor of Westbeth.

13th-Floor Penthouse Highlights:

• Full-floor penthouse opportunity
• Two exclusive terraces with stunning Hudson River views
• Double-height windows provide
• tremendous light and 360-degree views
• High ceilings in a converted industrial building
• Ideal for creative uses

11th-Floor Penthouse Highlights:

• Column free with high ceilings ideal for creative users, especially the Performing Arts
• Two studios with dressing rooms and dedicated restrooms
• Beautiful light
• Access to a shared terrace

For additional information and access to the virtual deal room, please contact the exclusive broker:

Christopher D. Turner, MRICS +1 212 629 7013
Lauren Davis +1 646 307 4543
Gene Goldstein-Plesser +1 212 629 7013

Today, leading nonprofit real estate advisor Denham Wolf announces the most significant organizational restructuring in the firm’s history – as it celebrates its 25^th anniversary – with the appointment of Ronzard (Ron) J. Innocent and Christopher D. Turner as shareholders of the firm. Their new roles as Managing Directors and Principals reflect their promotions from their respective roles as Director of Project Management and Director of Transaction Services. Both professionals have a demonstrated track record of commitment and outstanding results for Denham Wolf's clients and the city's nonprofit community.

As it looks ahead to the next 25 years, Denham Wolf views this evolution as an essential operational shift in elevating the next generation of firm leadership, ensuring the long-term viability and growth of one of the city's most respected and knowledgeable mission-driven real estate firms.

“This announcement marks a tremendous new chapter for Denham Wolf as we support new leadership at the firm, to help chart a course for the future," says Paul Wolf, CEO. "Ron and Christopher are both fierce advocates for our clients, exceptional mentors to their teams, and true standard-bearers for our mantra, “mission leads; real estate follows.”

As Principal, Christopher D. Turner will continue to lead and expand Denham Wolf's Transaction Services practice group focusing on planning, structuring, and negotiating real estate transactions for the New York City nonprofit community. In this role, he leverages 22 years of experience in corporate commercial real estate and brokerage for major national and international players, including Cushman & Wakefield, Colliers International, and the British Government. This experience allows him to support nonprofits' short and long-term goals by helping them understand a myriad of deal types and enables him to navigate complex transactions with both creativity and deep analysis.

As US Chair of the Royal Institution of Chartered Surveyors, member of YMWREA, REBNY and ULI New York’s NEXT and mentor programs, Turner plays an active role in promoting best practice in the commercial real estate industry and supporting the growth of aspiring real estate professionals.

In his expanded role, Ron Innocent will continue to apply his years of project management experience to overseeing all aspects of Denham Wolf's Project Management service offering, including preliminary planning, funding, and financing; permitting and approvals; bidding; construction; and the various phases of design, construction, closeout, and occupancy through to post-project marketing. During his 15-year tenure with Denham Wolf, Innocent has led more than $1 billion worth of capital projects consisting of a wide range of building typologies.

Innocent also serves on the Board of Directors for Ifetayo Cultural Arts Academy and helped the organization secure its permanent location in Brooklyn's Crown Heights neighborhood.

Ron and Christopher were recently named to Crain's New York's 2022 list of Notable Leaders in Real Estate.

This suite of integrated perspectives across the three principals spanning corporate real estate, in-house experience, public development and funding, and an intimate understanding of New York City's nonprofit sector makes Denham Wolf uniquely positioned to serve clients. It well positions the firm to help nonprofits navigate a period of continued uncertainty as they emerge from the pandemic.

About Denham Wolf Real Estate Services

An essential resource for the nonprofit community, Denham Wolf Real Estate Services provides expertise in transactions, development, and project management. Through these integrated services, the firm empowers organizations to take a thoughtful, mission-first approach to real estate. Denham Wolf has partnered with hundreds of diverse nonprofit organizations since its founding in 1998, shaping millions of square feet across New York City and beyond.

Read the article on the New York Real Estate Journal

Today, leading nonprofit real estate advisor Denham Wolf announces the most significant organizational restructuring in the firm’s history – as it celebrates its 25^th anniversary – with the appointment of Ronzard (Ron) J. Innocent and Christopher D. Turner as shareholders of the firm. Their new roles as Managing Directors and Principals reflect their promotions from their respective roles as Director of Project Management and Director of Transaction Services. Both professionals have a demonstrated track record of commitment and outstanding results for Denham Wolf's clients and the city's nonprofit community.

As it looks ahead to the next 25 years, Denham Wolf views this evolution as an essential operational shift in elevating the next generation of firm leadership, ensuring the long-term viability and growth of one of the city's most respected and knowledgeable mission-driven real estate firms.

“This announcement marks a tremendous new chapter for Denham Wolf as we support new leadership at the firm, to help chart a course for the future," says Paul Wolf, CEO. "Ron and Christopher are both fierce advocates for our clients, exceptional mentors to their teams, and true standard-bearers for our mantra, “mission leads; real estate follows.”

As Principal, Christopher D. Turner will continue to lead and expand Denham Wolf's Transaction Services practice group focusing on planning, structuring, and negotiating real estate transactions for the New York City nonprofit community. In this role, he leverages 22 years of experience in corporate commercial real estate and brokerage for major national and international players, including Cushman & Wakefield, Colliers International, and the British Government. This experience allows him to support nonprofits' short and long-term goals by helping them understand a myriad of deal types and enables him to navigate complex transactions with both creativity and deep analysis.

As US Chair of the Royal Institution of Chartered Surveyors, member of YMWREA, REBNY and ULI New York’s NEXT and mentor programs, Turner plays an active role in promoting best practice in the commercial real estate industry and supporting the growth of aspiring real estate professionals.

In his expanded role, Ron Innocent will continue to apply his years of project management experience to overseeing all aspects of Denham Wolf's Project Management service offering, including preliminary planning, funding, and financing; permitting and approvals; bidding; construction; and the various phases of design, construction, closeout, and occupancy through to post-project marketing. During his 15-year tenure with Denham Wolf, Innocent has led more than $1 billion worth of capital projects consisting of a wide range of building typologies.

Innocent also serves on the Board of Directors for Ifetayo Cultural Arts Academy and helped the organization secure its permanent location in Brooklyn's Crown Heights neighborhood.

Ron and Christopher were recently named to Crain's New York's 2022 list of Notable Leaders in Real Estate.

This suite of integrated perspectives across the three principals spanning corporate real estate, in-house experience, public development and funding, and an intimate understanding of New York City's nonprofit sector makes Denham Wolf uniquely positioned to serve clients. It well positions the firm to help nonprofits navigate a period of continued uncertainty as they emerge from the pandemic.

About Denham Wolf Real Estate Services

An essential resource for the nonprofit community, Denham Wolf Real Estate Services provides expertise in transactions, development, and project management. Through these integrated services, the firm empowers organizations to take a thoughtful, mission-first approach to real estate. Denham Wolf has partnered with hundreds of diverse nonprofit organizations since its founding in 1998, shaping millions of square feet across New York City and beyond.

Denham Wolf’s Ronzard Innocent and Christopher Turner Recognized on Crain’s New York’s 2022 Notable Leaders in Real Estate List

NEW YORK – November 14, 2022 – Today, Crain’s New York named Ronzard (Ron) Innocent, Director of Project Management, and Christopher Turner, Director of Transaction Services, of Denham Wolf Real Estate Services to the 2022 list of Notable Leaders in Real Estate. Both Innocent and Turner are being honored among esteemed peers for their unrivaled ability to develop mission-driven real estate solutions for the nonprofit community across New York City and beyond.

“Ron and Christopher are two creative, dedicated, and influential leaders in the real estate industry, with a specialized skillset to serve nonprofit organizations in their search for sound real estate options,” said Paul Wolf, Co-Founder and President of Denham Wolf. “As Denham Wolf approaches our 25^th anniversary, this recognition of two of our most tenured, executive-level team members reflects both the internal and external growth Ron and Christopher have brought to the firm.”

As Director of Project Management, Innocent works to ensure that a client’s physical space is fully reflective and supportive of its programs and mission. From preliminary planning, funding, and financing through to closeout and occupancy, Innocent brings a diligent and thoughtful approach to his leadership role. In his over 15-years at Denham Wolf, Innocent has led nearly $200 million worth of capital projects and made a lasting impact on the firm by expanding Denham Wolf’s recognition in numerous nonprofit sectors. Most recently, Innocent completed the renovation and modernization of two health centers for Planned Parenthood of Greater New York in Brooklyn and Queens; spearheaded the reopening of Symphony Space post-pandemic with countless upgrades to the space; and expertly renovated Church of the Epiphany’s historic sanctuary on the Upper East Side.

Innocent is also deeply invested in his community and serves as the secretary on the Board of Directors for the Ifetayo Cultural Arts Academy, an organization committed to providing African-based arts and cultural education in Crown Heights.

As Director of Transaction Services, Turner navigates complex real estate transactions and provides clients with more than traditional brokerage services. In every brokerage project, Turner secures optimal outcomes by defining client objectives, developing solutions-based approaches, and negotiating deals with clients’ best intentions in mind. Ultimately, he ensures that every transaction supports a client’s short- and long-term goals. As a leader at the firm, he has improved the quality of Denham Wolf’s financial analysis, reduced margin of error, improved efficiency, and given cross-discipline guidance—in the transactions, development, and project management services departments. To date, he has been involved in more than 8 million square feet of closed lease, sale, and financing transactions and advisory assignments across the US; notable among these was the sale of a landmark cathedral in Harlem to a developer who converted it into a nonprofit school, which made it possible to keep a beloved building in the community.

Turner also gives back to the real estate community through significant civic work. He is the US Chair for the Royal Institution of Chartered Surveyors Americas, an active member of the Urban Land Institute (ULI) mentor program and ULI NEXT, and a mentor to numerous Denham Wolf employees.

Innocent and Turner’s inclusion in the Crain’s New York Business 2022 Notable Leaders in Real Estate list signals two careers that are growing steadily in partnership with their firm, which has been serving the nonprofit community since 1998.

About Denham Wolf Real Estate Services

An essential resource for the nonprofit community, Denham Wolf Real Estate Services provides expertise in transactions, development, and project management. Through these integrated services, the firm empowers organizations to take a thoughtful, mission-first approach to real estate. Denham Wolf has partnered with hundreds of diverse nonprofit organizations since its founding in 1998, shaping millions of square feet across New York City and beyond. For more information, visit www.denhamwolf.com.

On September 22nd at 3:10 pm, Denham Wolf Co-Founder and President Paul Wolf, will participate in the panel A “New Model” of Development as part of the afternoon event Can Outer Borough Revitalization and Social Impact Development Reshape NYC?

To encourage connection among those in the industry with a passion for impact, JTC Americas and Akerman LLP are hosting an invite-only event in New York City on Thursday, September 22. The event will feature speakers and panels discussions on the most up-to-date information and strategies for social impact investing, EB-5, and related programs. There will also be opportunities for you to network and connect with others in the industry.

Discussion topics may include:

• Development opportunities in NYC, specifically in the Outer Boroughs
• The need for a new development approach, focused on social impact, to mutually benefit communities and developers
  • Attracting social impact capital
  • Challenges and solutions in demonstrating impact to communities, investors, and regulators
• Current regulatory frameworks for impact funds, Opportunity Zones, EB-5, REITs, and more

has been invited to speak on how social impact investing is reshaping New York City. In recent years the most underserved areas of New York City have gained a greater share of investments, allowing for spawning new developments, that are mutually beneficial to the communities and developers.

As part of this virtual event, hosted by Akerman LLP and JTC Americas, Paul will be joined by Ray Salaberrios, SVP of Empire State Development, Joshua J, Rinestein, Partner at Real Estate Akerman LLP and David Dishy, CEO of LMXD for this exciting discussion.

This event is taking place on September 22, 2022 between 2:00pm - 5:30pm ET, with Paul's panel speaking between 3:10pm and 4:00pm. There will be a Q&A at the end of his panel.

If you are interested in attending this complimentary virtual event, please visit JTCs Americas website or click this link.

Denham Wolf has promoted Transaction Services team members: Cameron Tuttle from Analyst to Associate and Gene Goldstein Plesser from Associate to Senior Associate.

"These promotions reflect the stellar work and professional excellence exhibited by Cameron and Gene," said Christopher Turner, Director of Transaction Services. "Our team is made stronger by both of their efforts, allowing us to deliver an even higher caliber of service to our nonprofit clients."

In her past year at Denham Wolf, Cameron has been responsible for supporting the transactions team in a broad range of assignments contributing to the success of multiple projects and multiple clients.

Gene joined Denham Wolf in February of this year, bringing his experience from both the nonprofit and the private equity sectors. Christopher Turner added: "Gene has demonstrated a level of analytical skill and client service that is matched only by his passion for working with community-focused organizations.

Large organizations, including educational institutions, often own real estate critical to routine operations. Additionally, owning real estate provides the opportunity to expand mission-based services, grow programmatic impact, and possibly generate revenue. As these institutions look to unlock the potential of underutilized real estate, they often seek to minimize their financial risk and high demand for staff resources. In our practice, Denham Wolf has seen a growing interest in engaging third-party developers to bring in additional expertise and resources. Navigating this process requires careful planning and rigorous implementation.

The phrase Public Private Partnership (“PPP”) was initially coined to describe a public entity leveraging the resources and expertise of a private entity to amplify the positive impacts of a capital project. These days, PPP commonly refers to any nonprofit that partners with a private developer to facilitate the development of property. Essentially, the use of a developer’s money to leverage a nonprofit’s assets.

Today we see many universities and colleges finding themselves in a competition to have the newest and best-in-class facilities. For institutions to remain attractive to top-tier talent, their buildings must embrace innovation and technological advances. Further, many wish to represent their commitment to sustainability by developing “state of the art” buildings that minimize their carbon footprint and highlight sustainable practices. Larger institutions often lead by example, especially when implementing sustainability in new on-site projects.

Institutions often leverage their real estate to impact their communities in numerous ways. For example, in addition to being revenue-generating, retail storefronts present the opportunity to create a distinctive campus atmosphere and culture. Organizations with underutilized properties on- and off-campus are encouraged to explore opportunities to use these sites to expand programs, generate income, serve the broader community, or a combination of all three. To access the full potential of their properties yet mitigate the impact on the institution’s balance sheet, some choose to enter into a relationship with a developer – often to preserve some control over the asset, a long-term ground lease. Untapped resources that have been “warehoused” until the resources are available can accelerate their path towards utilization.

Many universities and colleges have staff experienced in developing traditional physical spaces and effectively utilizing fundraising, both from philanthropy and debt. Internal teams, however, may be over-extended and strained when it comes to projects outside of the routine. In certain instances, the institution may lack the internal expertise necessary to carry out highly specialized buildings, including life science and cutting-edge medical facilities.

An arms-length transaction with a third-party developer, when structured appropriately, can jumpstart the activation of an underutilized asset while preserving the nonprofit’s debt-service capacity, staff resources, and critical financial ratios for existing debt obligations. Depending on the institution’s priorities, the transaction can also generate additional revenue for the institution.

For example, in our work with Columbia University, we have explored the possibility of bringing in a developer to maximize the use of all available development rights while delivering a critical programmatic need to the university. The additional development may accommodate housing or commercial uses, whatever the market deems preferable, which will generate income to allow the developer to pay Columbia ground rent on a long-term lease. Columbia would retain the right to expand into or eventually acquire the expanded development for its purposes in the future.

To realize the full benefit of working with a developer and ensure a rigorous and fair process, developer selection must be transparent to the institution and result in an unbiased “market” transaction. The institution must be clear about its expectations for the project, and we strongly recommend a thorough planning process to build consensus, including economics, timing, preferred uses, and more. It is helpful to establish non-negotiables (i.e., we must generate at least $X or we will not pursue the project, we must select a local developer), because the project will create momentum that can otherwise cause you to lose track of your key priorities. The request for proposal (RFP) is also the opportunity to express specific preferences, such as a requirement for Minority and Women-Owned Business Enterprises (MWBE) participation levels or union labor.

We recommend curating a list of appropriate developers, based on experience, capacity, and reputation, to receive a customized RFP. The RFP should present adequate information about the proposed development to facilitate the respondents’ responses and establish clear expectations for submission requirements. It is helpful to include in the RFP a request for a live financial model detailing their underwriting and preliminary design ideas, renderings, and their proposed development schedule. Also, be sure to include opportunities for clarifying questions, interviews, and proposal revisions.

Once you have identified the select group of developers and explored their interest in the proposed project, you can distribute your RFP and commence the dynamic and balanced competitive process. The RFP process should be well documented, from establishing project criteria through creating the list of selected developers to finalizing the selection. In addition to providing a clear rationale for the institution’s decision, it also creates the foundation for preparing the term sheet and, ultimately, the contract codifying the terms of the transaction.

With the support of Denham Wolf, a trusted real estate advisor serving the nonprofit community, AHRC NYC is actively searching for several development sites in Queens, based on proximity to home addresses of our community members. Additionally, AHRC NYC’s future relocations will reduce transportation time for staff and people supported, increase accessibility, and offer state-of-the-art spaces equipped with technology. AHRC NYC’s award winning design team will be developing special plans for the new spaces with input from all stakeholders.

Read more here.

Child education facilitator Imagine Early Learning Centers renewed its lease with longtime landlord First Unitarian Congregational Society for 11,069 square feet in Brooklyn.

The 10-year lease will extend Imagine’s 25-year stay at 50 Monroe Place in Brooklyn Heights, allowing the company to continue making strides in children’s education, brokers on the deal announced. Imagine has amassed a total of 11 centers within New York City. Its Brooklyn Heights space includes six classrooms, a gym and a patio.

Read more about the transaction in the Commercial Observer article by Anna Staropoli

"[The market has] become even tighter, even harder to find spaces, so there was this tremendous migration from Manhattan to the other boroughs to find space. Now, those other boroughs are actively competing with these tremendously large well-financed players pursuing these spaces.”

"I think we’re going to see more creative sharing of spaces – people are going to have to figure out ways to co-locate and collaborate in ways that will still be determined."

Watch the Town Hall online, to learn more about the contemporary landscape of rehearsal space in New York City.

Other Speakers included:

• Caitlin Trainor, Artist and Entrepreneur, Artistic Director of Trainor Dance and Founder of Dancio.com

• Carrie Blake, Senior Consultant & Research Director, Webb Management

• Craig Peterson, Executive Artistic Director at Abrons Arts Center

• Karisma Jay, Performing Arts, Professor and Executive Artistic Director of AbunDance (pronounced abundance) Academy of the Arts, Inc

• Pavan Thimmaiah, Artist, Choreographer, Director of PMT House of Dance (Head of the Dance Studio Alliance NYC)

• Ryan Gilliam, Executive Director, FABnyc

• Valerie Green, Executive/Artistic Director, Dance Entropy

• x sennyuen, Performance Artist, Curator, Choreographer

A nonprofit that works with people who have developmental disabilities is trying to sell one of its adult daycare facilities for $36.3 million, according to brokers at Denham Wolf Real Estate Services.

AHRC New York City put two lots at 32-03 and 31-17 39th Avenue in the Dutch Kills section of Long Island City, Queens, on the market. The properties are home to AHRC’s Cyril Weinberg Center, which is a squat, brick, two-story building converted from a warehouse and a parking lot. The assemblage is a block from Sunnyside Yards and faces both Northern Boulevard and 32nd Street.

Read more about the transaction in the Commercial Observer article by Rebecca Baird-Remba

At Nonprofit New York’s recent online event, Paul Wolf presented a panel on “Current Real Estate Factors to Consider in Your Strategic Plan,” providing an overview of the key real estate considerations nonprofits should integrate while operating in NYC’s current market and sharing strategies for effectively navigating the market.

“The location, quality, size, and visibility of an organization’s real estate effects and reflects services, brand, constituency relationship, and work culture,” says Wolf.

Paul discussed the historical considerations and current conditions for nonprofits in the real estate market, noting that as a result of the pandemic, organizations are more focused on the profound implications of their organizational real estate and the multi-layered relationship supporting the nonprofit mission.

If you are a Nonprofit New York member you can check out the presentation here!

Denham Wolf Real Estate Services, as exclusive agent, is pleased to present the opportunity to lease a rare park block school facility totaling 20,098 RSF, which includes a limited number of shared spaces. Located on the Upper Westside, this property is positioned near multiple children's educational and cultural institutions and only 200 feet from Central Park.

HIGHLIGHTS:

• Large gymnasium/multipurpose room (96’ x 35’)
• 9 classrooms
• Brand new HVAC system (classrooms individually controlled)
• 200’ to Central Park
• Quiet tree-lined street
• Opposite the New York Historical Society
• One block to the American Museum of Natural History

For additional information, contact Lauren Davis or Christopher D. Turner of Denham Wolf Real Estate Services.

Denham Wolf Real Estate Services is pleased to present the opportunity to acquire 2045 Madison Avenue, a vacant three-building property that occupies and entire blockfront along one of New York City's most celebrated streets.

The three-building campus is four short blocks from Harlem's "Main Street," a bustling stretch of 125th Street between Lexington Avenue and Frederick Douglass Boulevard, in the heart of Harlem. The buildings boast dramatic Gothic Revival style architecture by James Renwick Jr., the renowned designer of St. Patrick's Cathedral and of the Smithsonian Institute. The property's significant excess development rights present a unique opportunity for creative redevelopment, in an exciting Manhattan neighborhood currently experiencing substantial investment.

To request additional information, including access to the virtual deal room, contact Christopher D. Turner or Maxwell King of Denham Wolf Real Estate Services.

In the first edition of our Key Terminology booklet, the Denham Wolf team has compiled terms that relate to key aspects of a real estate project in New York City, such as OPTIONALITY.

Recognizing that an organization's real estate needs can change, either through planned shifts or because of unexpected circumstances, many nonprofits benefit from retaining some level of flexibility in their real estate. For nonprofits that lease, the level of flexibility can vary significantly depending on the unique terms of the lease agreement.

Last week, the 2019 Evelyn and Everett Ortner Preservation Awards were presented by the Park Slope Civic Council. The awards honor Evelyn Ortner (1924-2006) and Everett Ortner (1919-2012), long-time residents and advocates of Brooklyn's Park Slope community. The Nitehawk Prospect Park project, for which Denham Wolf served as project manager, was recognized as an outstanding Restoration of an Historic Building.

Nestled on Bartel-Pritchard Square, Nitehawk's building dates to 1928. The site has served as a local entertainment destination for much of its existence, most recently as the Pavilion Theater. An extensive rehabilitation of the building, completed in coordination with the Landmarks Preservation Commission, revealed several unique historical elements; some of these are intentionally showcased in Nitehawk Prospect Park’s final design. (A restored mezzanine, for example, once again offers breathtaking views of Brookyln’s flagship park.)

Read more about the ceremony and about the award itself by visiting the Park Slope Civic Council online.

NEW YORK, NY – December 11, 2019 – Denham Wolf Real Estate Services and its client, the Community of the Holy Spirit (the Community), today announced the sale of the Community’s convent at 454 Convent Avenue in Manhattan. The 11,000 square foot property will require little modification to serve the program needs of its new owner, a leading provider of supportive housing and related services in New York City.

“For over four decades, youth overcoming homelessness in New York City have found safety and shelter from the streets at Covenant House,” said Sister Nancy Downing, executive director of Covenant House New York. “Now, for the first time in our history, we’ll be designing a new residential facility to address all of the specific needs of our youth, allowing us to provide robust services and coordinated care, expanding the scope of our work and the number of young people that we can serve.”

Made possible because of a real estate development partnership, which was structured by Denham Wolf Real Estate Services through an extensive planning and selection process, the 80,000 square foot facility represents the first local capital project in the organization’s 47-year history. Read more about the project's groundbreaking in New York YIMBY.

Our office spent a great day out of the office on Friday, starting with the NYC Compost Project. Hosted throughout Brooklyn by the Brooklyn Botanic Garden, and funded and managed by the NYC Department of Sanitation's Bureau of Recycling and Sustainability, the NYC Compost Project helps New Yorkers reduce waste by offering up knowledge, skills, and opportunities for both producing and using compost. In our office, we collect scraps for compost daily, but our visit to the Red Hook Community Farm gave us a much fuller picture of the composting process. Special thanks to Domingo Morales for the education—and serious workout! (Pictured here are co-president Paul Wolf and Maxwell King, putting on their best "tough guy" faces.)

Want to volunteer with the NYC Compost Project? Drop-in's are welcome on both Friday and Saturday mornings. In the meantime, you can brush up on your composting basics online.

NEW YORK, NY – July 16, 2019 – Today, Denham Wolf Real Estate Services (Denham Wolf) announced the purchase of 287 East 10th Street from the Boys’ Club of New York (BCNY) by its client, an anonymous foundation. Known as the Harriman Clubhouse, the building has housed BCNY’s after-school programming for the neighborhood’s boys and young men since 1901.

In the first edition of our Key Terminology booklet, the Denham Wolf team has compiled terms that are frequently heard over the course of a real estate project in New York City, such as RENT.

Rent is straightforward in concept; a tenant that makes regular payments to a landlord for the use of property is paying rent. In commercial real estate, however, there are several factors that influence rent, including some expenses that can grow very quickly throughout a tenant's lease term.

“I am tremendously proud of this organization,” said Wolf. “Before we founded Denham Wolf we spent a great deal of time interviewing nonprofits—and many were upset because they were perceived as not having any money, and landlords weren’t treating them well. We’ve established a whole new environment in commercial real estate, one where people see nonprofits as creating value.”

Hear more from co-president Paul Wolf in the Mann Report.

On February 8, we invite members of New York City's nonprofit community to join Denham Wolf in a discussion of the current commercial real estate market. Over breakfast, our leasing and acquisition experts will share some nonprofit-specific strategies for navigating the local market effectively. These strategies will be most relevant for organizations that are considering a relocation or expansion within the next three years, although any nonprofit leaders are welcome to attend. Registration for this event is complimentary. Breakfast and actionable insights are included.

Register today via Eventbrite, using password loxandlearn2019.

Located at 188 Prospect Park West, the 34,000 square foot facility features seven state-of-the-art theaters and dynamic supporting amenities. The venue’s size allows for screenings of Hollywood blockbusters, independent first-run films, and special repertory programming.

Denham Wolf has long been guided by the philosophy of "Mission leads; real estate follows." In reflecting on their twenty years of work with New York City's nonprofit community, co-founders Jon Denham and Paul Wolf decided to jot down some of their other guiding philosophies, insights, and lessons learned.

For a sneak peek at the Twenty Mantras for Nonprofit Real Estate, be sure to follow us on Instagram.

NEW YORK, NY – September 10, 2018 – The Vera Institute of Justice (Vera) along with its broker and project manager, Denham Wolf Real Estate Services (Denham Wolf), today announced that the leading criminal justice reform nonprofit will be relocating its headquarters to Industry City, a state-of-the-art commercial and district overlooking the waterfront in the Sunset Park neighborhood of Brooklyn. Vera plans to move from its current headquarters in Tribeca to the 16-building, 6 million square-foot innovation campus.

NEW YORK, NY – August 21, 2018 – Denham Wolf has named Kate Van Tassel Director of Development Services. In her new role, Van Tassel will lead a highly collaborative practice group in the assessment, structuring, and negotiation of real estate development opportunities for New York City nonprofits. Van Tassel has over a decade of large-scale planning and project management experience in the real estate industry, most recently with the NYC Economic Development Corporation (EDC).

“Originally built to serve the local community, before being abandoned and becoming a symbol of blight, the firehouse has fittingly been restored for a public purpose,” said Ronzard Innocent, Director of Project Management at Denham Wolf Real Estate Services, Inc. “As a connector to arts, culture and social justice, the Caribbean Cultural Center African Diaspora Institute (CCCADI) brings the story of this building full circle."

Read more about Denham Wolf's newest LEED Gold certified project on Inhabitat.com

Since 2013, Denham Wolf has been working with Covenant House, a vital source of support and advocacy for runaway and homeless youth, on a mission-aligned real estate strategy for its New York City facility. After years of refining and deploying this strategy, we are proud to share that permits have been filed for a new project on the Covenant House site. Approximately 72,000 square feet of the new structure will be dedicated to vital programs for runaway and homeless youth.

Curious to learn more? Get the details of our work for Covenant House, or check out YIMBY's recent coverage of the project.

Earlier this week, Denham Wolf spent the day with GrowNYC building and cultivating the Good Life Garden, our new favorite spot in Bushwick! Special thanks to GrowNYC's Spencer Harbo and Mike Rezny for making our recent volunteer day so fulfilling and educational.

Interested in helping this garden grow? Visit GrowNYC online to check out current volunteer opportunities.

Denham Wolf Real Estate Services is pleased to present the opportunity to acquire 407-413 West 46th Street, a vacant property on a charming block in the Clinton Preservation area.

A short distance from New York’s Theater District, the property benefits from both Midtown Manhattan adjacency and a location on a quiet, tree-lined street. The significantly underdeveloped property includes four townhouses, a large courtyard, and a separate ancillary building, offering value to developers and owner-users alike.

To request additional information, including access to the virtual deal room, contact Christopher D. Turner or Maxwell King of Denham Wolf Real Estate Services.

In the first edition of our Key Terminology booklet, the Denham Wolf team has compiled terms that are frequently heard over the course of a real estate project in New York City, such as SQUARE FEET.

In local real estate projects, it is generally understood that a square foot is the standard unit for measuring space. Over the course of a project, however, space measurements are made using a few different frameworks.