Transwestern Advises Nonprofit in 14,889 SF Lease at 626 Sheepshead Bay Road
July 17, 2020
New York City – Transwestern Real Estate Services (TRS) announces it represented Selfhelp Community Services in its 14,889-square-foot lease at 626 Sheepshead Bay Road in Brooklyn. Transwestern Partners Stephen Powers and Lindsay Ornstein, Vice President Thomas Hines and Senior Associate Jake Cinti provided Occupier Solutions services for Selfhelp. The nonprofit will consolidate two facilities into the new Sheepshead Bay location, which will house two programs that offer services to Holocaust survivors and the elderly.
“Selfhelp is committed to providing housing, home health care and social services to seniors and other at-risk populations,” said Russell Lusak, Chief Operating Officer at Selfhelp. “By consolidating our Brooklyn Holocaust survivor and home health aide training programs at our new office at 626 Sheepshead Bay Road, we will be able to provide better and more robust access to these critical services.”
Located in Coney Island, 626 Sheepshead Bay Road was built in 2018 and features seven floors of office and retail space. The building, which is home to many nonprofit organizations, is conveniently near several public transit options, including the D, F, B and Q trains. Building ownership, Cammeby’s International, was represented by David Ofman of The Lawrence Group.
“Selfhelp provides services to some of New York City’s most vulnerable residents,” said Powers, who leads Transwestern’s national Nonprofit Advisory Services group. “The Transwestern team conducted a lengthy site search, including significant location analytics, to ensure that we found Selfhelp a location that is central to the population it serves through the Holocaust Survivor Program. The new office will enable Selfhelp to sustainably offer its critical services where they are most needed.”
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, Occupier 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 Selfhelp Community Services
Selfhelp Community Services is a non-profit serving 20,000 older and vulnerable adults each year through home health care, affordable housing, and skilled social services, while remaining the largest provider of services to Holocaust survivors in North America. The organization offers a complete network of home care and community-based services with the overarching goal of helping seniors live with dignity and independence and avoid institutionalization. Learn more at www.selfhelp.net and on twitter at @SelfhelpNY.