Transwestern Represents Ownership in Lease with Getting Out Staying Out
September 24, 2020
New York City – Transwestern Real Estate Services (TRS) announces that Getting Out Staying Out (GOSO) has signed a 10-year lease for 18,467 square feet at 2283 Third Ave. in East Harlem. Transwestern Partners Lindsay Ornstein and Stephen Powers and Senior Associates Jake Cinti and Ned Pierrepont provided agency leasing services on behalf of the building ownership, Rockfeld Group.
GOSO is a reentry, youth and career development nonprofit organization that serves approximately 1,000 young men, aged 16 to 24, citywide. GOSO has helped thousands of participants achieve their employment and educational goals by providing access to education and vocational training, employment, and individual and group counseling since 2004. GOSO, which has outgrown its space at 75 E. 116th St. due to increased demand for its services and expansion to serving a wider group of participants, will move to its new headquarters in first quarter 2021, occupying the first and second floors, as well as the lower level, in a building-within-a-building design.
“We look forward to moving into a larger space that will allow us to serve more participants citywide and increase services for our current clients,” said GOSO President and CEO Dr. Jocelynne Rainey. “For the individuals we serve, GOSO is a second home and a bridge to opportunities that they have not previously been afforded. The location of all vocational training, high school equivalency, mental health, advocacy and job readiness programming in one facility located centrally in East Harlem will allow better integration of our programs and allow more participants access to the crucial services, advocacy and support and that GOSO provides.”
“We are pleased to welcome Getting Out Staying Out to 2283 Third Ave.,” said Steven Feldman, President of Rockfeld Group. “Its new headquarters space, spread out over three floors, provides GOSO the setting it needs to continue delivering its critical services to a normally underserved group of boys and young men.”
Located on the corner of 124th Street, 2283 Third Ave. was built in 2006 and consists of seven floors and 50,908 square feet of space. Signage availability along two streets provides a significant branding opportunity for GOSO. Oversized windows allow abundant natural light and, along with 12-foot to 16-foot ceiling heights, create a very open atmosphere. The building has multiple dedicated entrances and is located within one block of the 4, 5 and 6 trains. The building’s upper floors house graduate students for the nearby New York College of Podiatric Medicine.
“With its corner location, recent construction and substantial ground-floor exposure, 2283 Third Ave. presents a unique opportunity for a client-facing nonprofit like GOSO that is serving the East Harlem community,” said Powers, who leads Transwestern’s national Nonprofit Advisory Services group. “GOSO is fortunate to have a landlord such as Rockfeld Group, which has become an expert in building affordable, professional space for the nonprofit community.”
GOSO was represented in the lease by Reeves McCall, Anthony Manginelli and Ryan Alexander of CBRE.
About Transwestern Real Estate Services
Transwestern Real Estate Services (TRS) adds value for investors, owners and occupiers of all commercial property types through a comprehensive perspective and by providing solutions grounded in sound market intelligence. Part of the Transwestern companies, the firm applies a consultative approach to Agency Leasing, Asset Services, Tenant Advisory + Workplace Solutions, Capital Markets, and Research & Investment Analytics.
The privately held Transwestern companies have been delivering a higher level of personalized service and innovative real estate solutions since 1978. An integrated approach formed from fresh ideas drives value for clients across commercial real estate services, development, investment management and opportunistic programs for high-net-worth investors. The firm operates through 34 U.S. offices and global alliances with BNP Paribas Real Estate and Devencore. Learn more at transwestern.com and @Transwestern.
About Rockfeld Group
Rockfeld Group is a fourth generation Real Estate Company headquartered in New York City, which is headed by Steven Feldman. Rockfeld's roots reach back to the 1930's when Abe Feldman started acquiring properties in Manhattan. His approach was simplistic yet wise, he would seek out properties where the supply was limited but the demand was growing. Through this mantra he was able to build a reputation as a Real Estate pioneer with incredible foresight.He passed this legacy onto his son Jack Feldman who continued along this successful path with the same vision. Jack then passed this legacy to his son Steven, who for the last 40 years was responsible for running and growing the family's Real Estate portfolio under the Sigfeld Group name. Today Sigfeld Group acts as an asset manager of the current portfolio, and Steven created Rockfeld Group to focus exclusively on new acquisitions. For more information, please visit www.rockfeldgroup.com.
About Getting Out Staying Out
GOSO is a reentry, youth and career development nonprofit organization that serves approximately 1,000 justice-involved young men, aged 16 to 24, citywide. GOSO has helped thousands of participants achieve their employment and educational goals by providing access to education and vocational training, employment, and individual and group counselling since 2004. GOSOWorks, a wage-subsidy program, connects GOSO participants to employment opportunities with local businesses around New York City. GOSO additionally runs Stand Against Violence East Harlem (SAVE), an anti-gun violence program guided by the principles of Cure Violence, which leverages the experiences of members of the community to do outreach, including people who have been directly affected by gun violence. SAVE connects individuals to extensive networks that provide job training, employment opportunities, mental health services, and legal services that lead to long-term violence reduction. For more information, contact www.gosonyc.org.