Denham Wolf Real Estate Services is pleased to present the rare opportunity to acquire an 18,500 square foot commercial condominium. The interconnected two-floor space is located at 666 Broadway in the heart of NoHo, a neighborhood home to many of the city’s best retailers, bars, restaurants, and art galleries.

Uniquely positioned on the end of the block bounded by Broadway, Bond Street and Great Jones Alley, the property features amazing natural light with windows on all four sides. Bond Street, one of the few remaining protected cobblestone streets in Manhattan, is a treelined thoroughfare that is known for its blend of historic buildings and contemporary architecture designed by some of the world's most acclaimed architects. 666 Broadway also benefits from excellent transportation options, including the nearby Bleeker St / Lafayette St Station (6 train) and Broadway-Lafayette St Station (B, D, F, M trains).

To request additional information, contact Christopher D. Turner or Maxwell King of Denham Wolf Real Estate Services.

Facility operating costs, including rent, can generate significant financial strain for a nonprofit. For most organizations that lease, these costs are second only to the organization’s human resources, making effective management of facility operating costs essential to a nonprofit’s success. On November 20, Denham Wolf will offer an in-depth look at the local real estate landscape and provide nonprofit-specific strategies for best navigating the current market. The 2-hour workshop, presented by Nonprofit New York, is available for free to current Nonprofit New York members. Tickets are available for purchase by non-member organizations.

Register for the Strategies for Navigating an Expensive Real Estate Market workshop today via Eventbrite.

Visit the Nonprofit New York website for details on their upcoming Education & Training opportunities.

"The project is an 80,000 s/f, 11-story facility that will be built on the current site of Covenant House New York. Made possible through a real estate development partnership, which was structured by Denham Wolf Real Estate Services through a planning and selection process, the purpose-built facility is being designed by FXCollaborative with further representation by Levien & Co. When complete, facility will enable the organization to provide the most effective, cutting-edge treatments and services for those in need."

Read more about the project and the recent groundbreaking ceremony in New York Real Estate Journal.

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Photo by Aaron Almendral. Pictured (right to left) are several members of the project team: Simeon Maleh, Gotham Organization; Angela Howard, Covenant House International; Bryan Kelly, Gotham Organization; Sister Nancy Downing, Covenant House New York; David Picket, Gotham Organization; Stephen Strateman, Gotham Organization; Charlie Loskant, Gotham Organization

“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.

A $128 million campaign is underway to build the state-of-the-art facility to serve homeless youth.

NEW YORK, NY – September 19, 2019 – Today, for the first time in Covenant House’s 47-year history, the organization has announced a campaign to design and build a new residential facility for the youth overcoming homelessness in New York City. Take Notice NYC - the Campaign for the New Covenant House New York is a $128 million initiative being undertaken to address the issue of homelessness in the City that affects 33,000 youth annually. Moreover, 19 percent of those struggling to survive on the streets become the victims of the horrors of human trafficking.

The campaign is being launched with a $10 million gift from Strauss Zelnick and his wife, Wendy Belzberg. Zelnick, a longstanding Covenant House Board member, is the founder of ZMC and Chairman and CEO of Take-Two Interactive Software.

At the heart of the campaign is a new, 80,000 square foot state-of-the-art facility that will be built on the current site of Covenant House New York. Made possible through a real estate development partnership, which was structured by Denham Wolf Real Estate Services through an extensive planning and selection process, the purpose-built facility is being designed by FXCollaborative with further representation by Levien & Company. When complete, facility will enable the organization to provide the most effective, cutting-edge treatments and services for those in need.

Over the past year, Covenant House has reached over 2,500 young people in New York City, with 1,451 served in residential services. The new facility will both broaden the range of aid and services that can be provided, as well as increase its capacity to help even more at risk youth. The facility is being built on a phased development plan to ensure that existing Covenant House residents will not be displaced nor lose the benefits of their deeply needed services.

“The new Covenant House New York will put housing support, shelter, health care, educational services, job training and civil legal services under one roof,” said Covenant House President Kevin Ryan. “It will be a place where young people overcoming homelessness and human trafficking in New York City can come to safely and importantly build their new lives. We are immensely grateful to our supporters, especially Strauss and Wendy, and hope that all of New York will open their hearts and continue to prove why our City exemplifies the gateway to pursuing a happy, safer and more fulfilling life.”

“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.”

For more information about Covenant House, including ways to contribute to the Take Notice NYC - the Campaign for the New Covenant House New York, please visit www.covenanthouse.org

About Covenant House

Founded in 1972, Covenant House is the largest privately funded agency in the Americas helping youth overcoming homelessness, providing 24/7 crisis care and ongoing support in 31 cities across six countries. For more information go to www.covenanthouse.org.

About Denham Wolf Real Estate Services

An essential resource for New York City’s 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.

Read more…

On October 18, Denham Wolf’s brokerage and project management teams are bringing their expertise to Red Hook. Over breakfast, we'll review select aspects of the commercial real estate market and share some nonprofit-specific strategies for navigating today's market effectively. The discussion will be most relevant for organizations 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.

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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.

On September 13, Denham Wolf’s leasing and acquisition experts are bringing their expertise to the Brooklyn Cultural District. The discussion will be most relevant for organizations 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 LoxAndLearnBrooklyn2019.

On September 12, New York Nonprofit Media will host the second annual Nonprofit Checkup. Bringing together top-level Board Members and Executive Leadership from nonprofits across New York, the conference will cover everything from good management to efficient operations, professional development, fundraising, effective programs, systems and technology, and more. Don't miss insights from Kate Van Tassel, Director of our Development Services group, who will be discussing nonprofit governance with friends from New York City Children's Theater, Columbia Business School's Tamer Center, among others.

Learn more about the Nonprofit Checkup conference and register today via New York Nonprofit Media.

Paul Wolf, a real estate broker and adviser who specializes in working with nonprofits and who represented the foundation, said nonprofit groups are typically at a disadvantage in the ultracompetitive real estate market and are often outbid by private developers who can pay more to build glitzy residences. Nonprofits also often have to raise money for real estate acquisitions and get approval for such purchases from board members, making them less nimble as well.

"How do you address this issue of buying space when the market is so fast and expensive and many nonprofits can't keep up?" Wolf said. "This foundation purchased this building to give a nonprofit the chance to own it."

Read more about the deal, and its part in a larger multi-transaction process, in Crain's.

$32M acquisition of the property is a critical step towards ongoing community service

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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.

Today’s transaction is the first in an anticipated multi-transaction process, collaboratively designed by Denham Wolf and its client to preserve the building for community use. The foundation, which purchased the property for $32 million, intends to ensure the ongoing nonprofit ownership of the property and to carry forward the building’s legacy of community-facing programs.

“In this area, we have seen the financial value of our real estate rise, and too often that comes at the expense of a community resource,” said City Council Member Carlina Rivera, who represents New York City’s District 2. “I am excited that this building and the activities within will remain rooted to the local community.”

The seven-story, 50,000-square-foot building is located on the northwest corner of East 10th Street and Avenue A in Manhattan. The building attracted increased attention in 2018 with BCNY’s listing of the property for sale.

“When a valuable property becomes available, many nonprofits struggle to stack up against other buyers, on the basis of price as well as pace,” said Paul G. Wolf, Co-President of Denham Wolf. “We are proud to provide nonprofits with additional time and flexibility in pursuing this property, and to play a role in upending the rules of New York’s real estate market. We believe the result will prove replicable.”

The resulting multi-transaction process is ongoing and is being managed by Denham Wolf, a real estate services firm that represents and advocates for local nonprofits.

In addition to providing consulting services, Denham Wolf represented the foundation in the purchase of 287 East 10th Street. Cushman & Wakefield represented BCNY, the property’s seller. BCNY currently remains in residence, and the organization is committed to continuing its services for the neighborhood’s boys and young men.

About Denham Wolf Real Estate Services

An essential resource for New York City’s 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.

Read more…

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 Avery Hogue of Denham Wolf Real Estate Services.

On June 7, Denham Wolf’s leasing and acquisition experts are bringing their expertise to Astoria's arts district. The discussion will be most relevant for organizations 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 LoxAndLearnAstoria2019. Registration is required by June 4.

The League of American Orchestras, the only national organization dedicated solely to the orchestral experience, will soon be moving into 520 Eighth Avenue. The 7,600 square foot office space will serve as the League's headquarters starting in the fall of 2019. “We can better serve orchestras by lowering our overhead costs and greatly enhancing our communications with members and offering digital learning opportunities,” said Jesse Rosen, the League’s president and CEO. “We are very excited by the possibilities offered with this change of address.”

We're so proud to have helped this organization secure this new location, and enter a new chapter! Learn more about the upcoming move by visiting the League online.

Denham Wolf Real Estate Services is pleased to present the opportunity to acquire St. Hilda's House. Located at 454 Convent Avenue in Hamilton Heights, the four-story, new-construction convent comprises 11,034 SF.

The property is offered with vacant possession and is suitable for a wide range of residential or community uses. Highlights of the sustainably designed property include its proximity to major college and medical campuses, 25 bedrooms/offices, 9 bathrooms, elevator, multiple roof terraces, and double-height chapel/community space.

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

On April 4, co-president Paul Wolf will regroup with experts from Goldstein Hall PLLC, CohnReznick LLP, and ThinkForward Financial in a discussion of nonprofit-controlled real estate. Through a series of primarily New York City-based case studies, webinar attendees will learn ways in which real estate assets can be better leveraged to support a nonprofit's mission, operations, and financial goals.

Learn more about the webinar and register today via CohnReznick.

“The Marathon. The Sanders. The Pavilion. Known by many names throughout the decades, there has been a theater on at the corner of Prospect Park, continuously serving the changing theatrical taste of New Yorkers, for over a century.”

Learn more about the latest rethinking of 188 Prospect Park West, a project that was managed by Denham Wolf, by visiting Untapped Cities. For the full inside scoop, be sure to sign up for next weekend's tour of the building with Untapped Cities Insiders.

On April 3, at the re-imagined Ford Foundation Center for Social Justice, join co-president Paul Wolf along with colleagues from Advance NYC, Yancey Consulting, and the Upper Manhattan Empowerment Zone, for a discussion of the support that grantees may not know they need (or may be afraid to ask for). From debt reduction to multi-functional capacity investments to management support, capital campaign readiness can take many forms. In fact, in our experience, the campaign preparation process can sometimes prove as valuable for an organization as the campaign itself.

Learn more about this complimentary event by visiting Philanthropy New York. Registration is required by April 2.

Are you a Philanthropy New York member? Register online through your PNY account. Non-Members should email register@philanthropynewyork.org with your name, title, organization, business address, phone number, and a mention of Denham Wolf's invitation.

On March 22, Denham Wolf’s leasing and acquisition experts are bringing their expertise to the South Bronx. The discussion will be most relevant for organizations 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 LoxAndLearnHostos2019.

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“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.

“The Foundation engaged Denham Wolf to identify and evaluate real estate options that addressed the needs of the foundation’s staff, partners, and beneficiaries and to subsequently secure a new home for its headquarters." Denham Wolf is also proud to be serving as the Howard Gilman Foundation's project manager for the renovation of the new space.

Read more about the deal in New York Real Estate Journal.

“The Howard Gilman Foundation has done so much for this city and its artists,” said Paul Wolf, co-president of Denham Wolf. “We are proud to have helped the foundation determine the right space from which to provide its invaluable support to New York’s artistic institutions.”

Read more about the purchase in Connect Media.

Negotiated by Denham Wolf Real Estate Services, the purchase will provide a new permanent home for a major funder of the performing arts in NYC.

NEW YORK, NY – December 28, 2018 – Today, the Howard Gilman Foundation (the Foundation) and Denham Wolf Real Estate Services (Denham Wolf) announced the Foundation’s purchase of a commercial office condominium overlooking Bryant Park. In late 2019, the Foundation will relocate to this 5,300-square foot office in Harbor Group International’s 24 West 40th Street building.

Established in 1981 by Gilman Paper Company heir Howard Gilman, the Foundation has a long history of supporting the arts, sciences, and humanities. In 2014, under the guidance of the Board of Trustees and new Executive Director Laura Aden Packer, the Foundation refocused its efforts to align with Mr. Gilman’s personal legacy of nurturing performers and the performing arts. Today, the staff and board of the Foundation continue to honor Mr. Gilman’s memory by carrying out a mission “to support the most robust, innovative, and promising performing arts organizations in New York City.”

“We are excited to establish a permanent home for the Foundation near the lovely and vibrant Bryant Park,” said Laura Aden Packer, Executive Director of the Foundation. “Howard Gilman’s love for the arts and for New York City lives on in the Foundation’s dedication to the City’s extraordinary performing arts ecosystem. We hope that by creating an enduring home on West 40th Street that we will be able to expand upon this legacy for decades to come.”

A forthcoming lease expiration provided the Foundation with a clear opportunity to think strategically about its office environment and geographic location, both in the short- and long-term. The Foundation engaged Denham Wolf to identify and evaluate real estate options that addressed the needs of the foundation’s staff, partners, and beneficiaries and to subsequently secure a new home for its headquarters. This purchase will expand the size of the Foundation’s office space, allowing for increased collaboration with grantees and partners, and move the organization eight blocks south from its former offices at 1 Rockefeller Plaza.

“The Howard Gilman Foundation has done so much for this city and its artists,” said Paul Wolf, co-president of Denham Wolf. “We are proud to have helped the Foundation determine the right space from which to provide its invaluable support to New York’s artistic institutions.”

The Foundation was represented in the transaction by Paul G. Wolf, Christopher D. Turner, and Lauren Davis, all of the real estate firm Denham Wolf, which provides services for the New York City nonprofit community. The sponsor-seller was represented by Erik S. Harris, Scott J. Klau, and Zachary A. Weil of Newmark Knight Frank. Denham Wolf is also serving as the Foundation’s project manager in the redesign and construction of the new office space. Architecture and planning firm WXY is serving as the Foundation’s architect for the project.

About the Howard Gilman Foundation

The Howard Gilman Foundation honors the legacy of the late Howard Gilman, who believed in the power of the arts to transform lives, by supporting the most robust, innovative, and promising performing arts organizations in New York City. From 1981, when the Howard Gilman Foundation was established, until his death in 1998, Mr. Gilman’s passion for the arts was exemplified by his dedication to nurturing artists and sustaining arts institutions. Today, the Foundation supports three disciplines – dance, theatre, and music – and dedicates its efforts to organizations that are based in Mr. Gilman’s birthplace and hometown: New York City. More information from www.howardgilmanfoundation.org

About Denham Wolf Real Estate Services

An essential resource for New York City’s 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.

Read more…

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.

"We often frame our discussions with clients about the challenges and about the dimensions of real estate using the three-legged stool analogy: financial challenge being one, physical being another and then lastly – and most importantly – organizational challenge." Hear more real estate insights from Paul, Jon, and Dolph, plus some unique ideas for not-so-touristy destinations in New York City.

Check out the podcast on Successful Nonprofits online, iTunes, and more.

Nitehawk Cinema, New York’s original curator of dinner and a movie, announces the December 19th grand opening of its new 650-seat cinema in the completely redesigned and refurbished Pavilion Theater, now dubbed Nitehawk Prospect Park.

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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.

Nestled on Bartel-Pritchard Square, the building dates to 1928 and 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.

“It’s a privilege to bring Nitehawk’s enhanced cinematic experience to the neighborhood, particularly in one of New York’s legacy movie theaters,” says Nitehawk founder Matthew Viragh. Inspired by the site’s history, Viragh helmed a renovation approach that embraced architectural quirks while also providing important upgrades to the long-neglected space. For the first time in its history, the building includes an elevator and is accessible to people with disabilities. The reimagined facility features two bars, both open to guests and non-moviegoers alike.

As with the existing cinema in Williamsburg, Nitehawk continues to craft cocktails, local beers, and signature dishes to thematically align with the current line-up of films. Guests can enjoy staples like the Nitehawk burger, tater tots, and truffle citric popcorn along with some new mouthwatering options. With Nitehawk Prospect Park’s opening, Nitehawk also introduces Dine & Dash; the new feature allows guests to enjoy food and beverage items without having a check presented during the film, resulting in a more seamless and unobtrusive experience.

“The Pavilion Theater was the cinema that originally inspired me to open Nitehawk,” states Viragh, who admits to once smuggling booze into a Pavilion Theater screening. Nitehawk fans will remember the precedent-setting opportunity to purchase alcoholic beverages during screenings when Nitehawk first opened. In 2011, Viragh worked with David Pfeffer, head of Tarter Krinksy & Drogin’s Construction practice, to secure a change to New York State liquor regulations that made this opportunity possible. More recently, Pfeffer advised on the acquisition, financing, and construction of Nitehawk Prospect Park. Sunil Aggarwal of ThinkForward Financial also supported the project’s financing, ultimately securing Flushing Bank as a project partner. Before plans solidified for Nitehawk Prospect Park, the site was slated for conversion into condominiums.

Throughout the building’s complex renovation, Nitehawk was represented by Denham Wolf Real Estate Services, a firm that serves New York’s community organizations and nonprofits. Think! Architecture and Design provided architectural services. Reidy Contracting Group served as the $15M project’s construction manager. Much of the décor, including the new neon marquee and the bars’ millwork, were crafted locally.

Nitehawk Cinema is committed to the site’s community-focused legacy by updating its age policy to allow for Lil’ Hawks a ges 13+ into appropriately rated showings prior to 6 pm and generating over 150 new jobs in the process. Tickets are available online at www.nitehawkcinema.com

About Nitehawk Cinema

In 2011, Nitehawk overturned a Prohibition-era state liquor law banning alcohol in theaters, becoming the first dine-in theater to open in New York State. Nitehawk Cinema has since grown to become New York’s premier dine-in theater, pairing exemplary first-run and repertory film programming along with tableside service. Every Nitehawk cinematic experience strives to enhance the audience’s viewing by creating a specialty menu with fresh, local house-made ingredients inspired by the films we love, a live band accompaniment or special guest Q&As. Unique signature programming highlights a wide and diverse range of film spanning from rare 35mm prints to new independent films by local filmmakers. Special programming for weekend brunches and midnites can also be experienced each month as well as our annual Nitehawk Shorts Festival celebrating exceptional short-form film and videos by artists and filmmakers.

About Denham Wolf Real Estate Services

An essential resource for New York City’s 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.


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After checking in with many long-time experts in the nonprofit real estate world, including Denham Wolf, the Commercial Observer concludes that many nonprofits are fighting hard to stay in Manhattan—but that change may be on the horizon. “The days of the board of directors insisting on a Manhattan location because they don’t want to go to a board meeting in the outer boroughs are waning,” noted co-president Paul Wolf.

Read more via the Commercial Observer.

The offices of The New Group will soon be housed at 240 West 35th Street, in Manhattan's Garment District. Building on a 21-year legacy of supporting New York City's leading performing arts groups, Denham Wolf represented the nonprofit theater company in its site search and lease negotiations. The beautiful 4,600 square foot space is just south of the main commercial Theater District, within blocks of several peer organizations, and highly convenient to Lower Manhattan's theatrical destinations.

Read more about the New Group's new administrative space in BroadwayWorld.com

The Nonprofit Coordinating Committee of New York, a long-time resource for the region's nonprofit community, will soon relocate to the Ford Foundation's recently renamed Center for Social Justice. Located on East 43rd Street, the newly renovated facility offers numerous amenities that can be shared by NPCC and its peers, bolstering the organization's growing roster of programs. Learn more about our client's plans for the site by visiting NPCC online.

Interested in taking over NPCC's current space at 135 W 36th Street? Let's chat.

Denham Wolf Real Estate Services is pleased to present a 5,250 RSF Midtown office space for sublease at the Fashion Tower, located at 135 West 36th Street.

Highlights of the full-floor space include an ADA Restroom, Modern Build-Out, Exposed +10.5 ft Ceilings, 4 Offices & 5 Open-Plan Desks, Extra Large Events Room, Meeting Room, Wet Pantry, and Storage Space. The space will be available from approximately January 2019.

To request additional information, including an appointment to see the space, contact Christopher D. Turner or Maxwell King of Denham Wolf Real Estate Services.

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Yesterday, our office had the very special opportunity to rest and reboot with our client, the Iyengar Yoga Association of Greater New York. Thanks again to James for the wonderful, rigorous, and still very calming class!

Interested in giving the Iyengar Yoga method a try? Visit the association online for information on new student options, in both Manhattan and Brooklyn.

On November 9, 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.

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Photo by Sam Lahoz. Design by 8 Point Studio.

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.

“When identifying a site for Vera, several considerations came into play,” says Paul Wolf, co-president of Denham Wolf. “The space needed to suit Vera in the present and well into the future. In addition to practical concerns, such as affordability and access to public transit, Vera’s core values had to be at the heart of our search.”

Read more about our latest Brooklyn deal in GlobeSt.

"Vera’s new offices will be designed by STUDIOS Architecture and include a café, 'diverse workspace options' and meeting spaces, according to Denham Wolf, which is also serving as the project manager of the buildout."

Get more details on Vera's exciting new headquarters, and the team behind the project, via Commercial Observer.

"Industry City has become an attractive destination for nonprofit tenants, and we have shown it to a number of our clients," Wolf said. "It has a mix of community and amenities and is more affordable than many competing locations."

Read more about Industry City's latest tenant, the Vera Institute of Justice, in Crain's.

Represented by Denham Wolf Real Estate Services, the criminal justice reform leader is latest to join a diverse community at the Sunset Park campus.

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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.

“The move to Industry City makes perfect sense for Vera. More so than ever before, our task is to drive significant reform of our justice system, injecting innovation and big ideas. Industry City – and Brooklyn – is dynamic, diverse and a central hub for innovation and invention. It is a great place for us to call home. We will have room to grow, and will be closer to many of the communities we serve locally,” said Nicholas Turner, president of the Vera Institute of Justice.

Vera’s new Industry City offices will be the headquarters of its vital local and national work transforming justice. Since the success of the Manhattan Bail Project in 1961, which pioneered the bail reform movement, Vera has been on the forefront of justice reform, producing big ideas and solutions that ensure fairness, respect dignity, promote safety, and strengthen families and communities. In recent years, Vera has been growing in both size and scope, a transition reflected in its choice of new offices.

Vera has signed a 15-year lease to move into a new 35,000 square foot office space at Industry City in Fall 2019. The lease was signed in August 2018. Vera was represented in the transaction by Denham Wolf, a real estate firm that provides services for the New York City nonprofit community. Kathe Chase and Jeff Fein of Industry City’s internal leasing team represented Industry City.

"When identifying a site for Vera, several considerations came into play," said Paul Wolf, co-president of Denham Wolf. "The space needed to suit Vera in the present and well into the future. In addition to practical concerns, such as affordability and access to public transit, Vera’s core values had to be at the heart of our search. We are confident that the Industry City location will bolster Vera and its partners for years to come.”

“As a leader in the non-profit world, Vera is an exciting addition to Industry City’s diverse community of innovative companies, the majority of which are driving meaningful change in their respective fields,” said Kathe Chase, director of leasing at Industry City. “There are natural opportunities for collaboration between Vera and the many nonprofits, academic partners, and progressive companies based at Industry City. We are delighted that Vera made the decision to relocate its headquarters, from downtown Manhattan to IC.”

The strategic redevelopment of Industry City—launched in 2013 by Belvedere Capital and Jamestown—has generated significant leasing activity and job creation at the property. Over the past five years, Industry City has invested over $300 million into the property and leased more than 3 million square feet of space, including 1 million square feet of manufacturing space—its highest level in decades. Throughout this period, businesses based at the property have collectively grown by an average of 100 jobs per month, more than tripling from 1,900 jobs in 2013 to 7,000 jobs today. Industry City is accessible by the D, N, R trains at 36th Street, one express stop from Atlantic Terminal and two from Manhattan.

When fully fit-out, Vera’s new offices will be connected by a central stair that enhances connectivity among staff and showcases local artistry. Other key elements of the design respond directly to staff requests and include diverse workspace options, flexible meeting and presentation space, and an on-site café. STUDIOS Architecture is leading the design of Vera’s new offices. Denham Wolf is serving as Vera’s project manager in the office’s interior fit-out.

About the Vera Institute of Justice

The Vera Institute of Justice is a justice reform change agent. Vera produces ideas, analysis, and research that inspire change in the systems people rely upon for safety and justice, and works in close partnership with government and civic leaders to implement it. Vera is currently pursuing core priorities of ending the misuse of jails, transforming conditions of confinement, and ensuring that justice systems more effectively serve America’s increasingly diverse communities.

About Denham Wolf Real Estate Services

An essential resource for New York City’s 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.

About Industry City

Industry City is a 6 million-square-foot mixed-use complex comprised of 16 buildings spanning 35 acres on the waterfront in Sunset Park, Brooklyn. The property’s ownership – led by Belvedere Capital, Jamestown and Angelo Gordon & Co. – is transforming the complex, while cultivating a diverse tenant mix that fuses today’s burgeoning innovation economy with traditional manufacturing and artisanal craft. To date, the transformation has included over $250 million of infrastructure improvements, the addition of destination courtyards, experience-driven dining, retail and other amenitization and event programing. This work is paving the way toward a vibrant and diverse community of forward-thinking companies that support good-paying jobs for workers across skill and experience levels. Since the new partnership was forged in August 2013, businesses based at Industry city have grown by an average of 100 jobs per month, increasing employment from 1,900 jobs in 2013 to 7,000 jobs today. www.industrycity.com

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On October 10, co-president Paul Wolf joins experts from Goldstein Hall PLLC, CohnReznick LLP, and ThinkForward Financial in a discussion of nonprofit-controlled real estate. Through a series of local case studies, attendees will learn ways in which real estate assets can be better leveraged to support a nonprofit's mission, operations, and financial goals.

Learn more about the event and register today via CohnReznick.

Kate Van Tassel brings substantial experience to Denham Wolf Real Estate Services, expanding the company’s expertise and empowering more nonprofits to adopt a mission-first approach to real estate.

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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).

“Kate’s diverse experience with New York City projects makes her a valuable addition to our team,” said Jonathan Denham, co-president of Denham Wolf. “Her active engagement with local real estate development and the nonprofit sector will strengthen Denham Wolf’s reach and enhance our capacity for positive community impact.”

Kate is an experienced city planner with a history of successfully managing and executing complex projects. As a Vice President of the EDC, she worked as a liaison between architects, engineers and real estate professionals to facilitate the implementation of multi-million-dollar community development projects in New York City, specifically projects geared towards stimulating public and private investment. Denham Wolf’s Development Services practice group, which Van Tassel will lead, helps its nonprofit clients determine the viability and mission impact of a potential development project and then prepare for undertaking such a project.

“Since founding Denham Wolf in 1998, we have been committed to providing a full range of real estate consulting services to nonprofit organizations,” said Paul G. Wolf, co-president of Denham Wolf. “Kate’s work at the EDC demonstrates her ability to provide strategic direction on large-scale real estate development projects and to see them through completion. We are excited for Kate to bring this kind of thinking to Denham Wolf, as we help clients to ensure vibrant futures throughout New York City.”

Before joining EDC, Kate worked in a managerial position at Sustainable South Bronx among other civic positions, including a fellowship with the City of Chicago. She holds an MCP from the Massachusetts Institute of Technology and received her BS magna cum laude in Chemistry with a specialization in Environmental Chemistry from the University of Virginia.

About Denham Wolf Real Estate Services

An essential resource for New York City’s 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.

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"Before making new real estate commitments, a nonprofit should truly understand its needs and capacities in three key areas: physical, financial and organizational. Clarity and consensus in all three is necessary for ensuring that mission is driving the real estate."

Read the full article, written by co-presidents Paul Wolf and Jon Denham, in NonProfit Pro.

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Photo by Sakeenah Saleem

“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

Given the many responsibilities of nonprofit board members and staff, it is crucial to take time and assess the health of your organization. While not everything important is easy to measure, a close look at your organization can help you identify and prioritize your next steps. Presented by NYN Media, and featuring co-president Paul Wolf, September 13's Nonprofit Check Up will cover everything from good management to efficient operations, fundraising, effective programs, systems and technology, and more.

Learn more about the Nonprofit Check Up conference and register today via NYN Media.

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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.

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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.

We are continually developing deeper insights and expanded skillsets, which we use to deliver outstanding results for every client. We are proud to share that the expertise of Christopher Turner, the Director of our Transaction Services group, has been recognized in his appointment to ULI NEXT New York.

Learn more about this dynamic leadership forum by visiting the Urban Land Institute online.

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.

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Nonprofit organizations have programs in order to fulfill their missions. "And those programs need to be housed somewhere, and that requires real estate." Listen in on Paul, Jon, and Aimée as they discuss the ways that mission can drive real estate decisions and, ultimately, how mission can be reflected in the real estate choices that a nonprofit makes.

Stream or download the podcast via NYN Media.

Is your organization bursting at the seams of your space? Are your maintenance costs growing to an unsustainable level? Are you preparing for a renovation, relocation, or other major physical change? If so, you’ll likely need to hire an architect. On May 18, we invite members of New York City's nonprofit community to join Denham Wolf's project management experts for a discussion of this important but daunting responsibility. Registration for this event is complimentary. Breakfast and actionable insights are included.

Register today via Eventbrite.

“The holistic, community-based health care provided by the Addabbo Family Health Center is needed now more than ever in Far Rockaway,” said Jonathan Denham, co-president of Denham Wolf. “Increasing the physical capacity of this facility is crucial to expanding the care, services, and economic opportunity available to a community that has been historically underserved.”

Read more about our work with Addabbo in New York YIMBY.

“We are breaking ground on what will always be a health center that will always be touching lives, improving health outcomes and making a difference,” offered Dr. Marjorie Hill before giving way to other speakers, including Ron Innocent of Denham Wolf Real Estate Services.

Read more about Addabbo's expansion and this week's groundbreaking in The Wave.

“For over three decades, Addabbo has been a life-changing force in our community. This expansion means we will have an even greater impact. I want to thank everyone who made this a reality” Betty Leon, Addabbo’s board of directors chair, said.

Read more about the Joseph P. Addabbo Family Health Center’s impact in The Rockaway Times.

With the support of Denham Wolf Real Estate Services, the Joseph P. Addabbo Family Health Center will expand its health care facility in the Far Rockaways to 44,000 square feet, increasing community access to comprehensive health services.

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6200 Beach Channel Drive expansion, design by Gertler & Wente Architects

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QUEENS, NY April 10, 2018 The Joseph P. Addabbo Family Health Center Board of Directors and Denham Wolf Real Estate Services broke ground today on an expansion in Far Rockaway, Queens, that will double the current size of the Joseph P. Addabbo Family Health Center to a total of 44,000 square feet. The new 22,000 square foot addition will allow the center to further its mission of providing essential health services to medically underserved residents of the Rockaway Peninsula through increased patient capacity, enhanced storm resiliency measures, and new community empowerment and development services.

The Addabbo Family Health Center currently occupies 22,000 square feet of space on 6200 Beach Channel Drive, which lies within a federally-designated Medically Underserved Area (MUA). Since its establishment in in 1968, the Addabbo Family Health Center has been the largest Federally Qualified Health Center (FQHC) in Queens, providing holistic services to the surrounding low-income community that is disproportionately impacted by poor health outcomes. The facility offers a comprehensive range of results-driven services, including primary care for children and adults, nutrition education, domestic violence support, and HIV intervention, prevention, and treatment, among many others.

“The holistic, community-based health care provided by the Addabbo Family Health Center is needed now more than ever in Far Rockaway,” said Jonathan Denham, co-president of Denham Wolf, a nonprofit-focused real estate services firm and owner’s representative for the project. “Increasing the physical capacity of this facility is crucial to expanding the care, services, and economic opportunity available to a community that has been historically underserved.”

Denham Wolf is an established partner of the Addabbo Family Health Center, having helped the organization acquire the property and construct the current facility, which opened in 2005.

In 2013, the New York City Economic Development Corporation (NYCEDC) issued a request for proposals for the City-owned land located next to the existing 22,000 square foot Addabbo Family Health Center. The health center’s expansion project aligned with NYCEDC’s goal of identifying a use for the land that would provide beneficial services to the community, create jobs, and support the local economy, and as a result, with Denham Wolf’s support, the organization was ultimately selected to develop the long-vacant lot. Significant financial support for the project was provided by Primary Care Development Corporation, Bank of America, Building America, and the Dormitory Authority of the State of New York (DASNY).

Slated for completion in 2019, the facility expansion is expected to result in an estimated 65 percent increase in volume and service to patients, allowing the Addabbo Family Health Center to provide care to an estimated total of 18,900 patients each year. Approximately a quarter of these patients will be residents of the nearby New York City Housing Authority (NYCHA) housing complexes. The physical expansion will include the construction of 21 new exam rooms, additional clinical and community spaces, and supporting infrastructure upgrades.

Given the widespread flooding and damage inflicted on the Rockaway Peninsula during Hurricane Sandy in 2012, a critical portion of the expansion will also include bolstering the facility’s resilience in the face of natural disasters. Generators will be raised above the floodplain, and floodwalls with landscaping features will be added around the facility’s perimeter to ensure that the community has continuous access to high- quality health care services during and after major weather events.

Another key component of the expansion project includes the implementation of a new workforce development program created in partnership with the Ocean Bay Community Development Corporation. The program will recruit among the 10,000 residents of nearby NYCHA housing complexes to provide on- site job training for medical assistants, clerks, medical billers, and custodians. The project will also generate 90 construction jobs and 31 new permanent positions for physicians, nursing staff, and administrators. More than half of these job opportunities are expected to be filled by local residents.

About the Joseph P. Addabbo Family Health Center

A Federally Qualified Community Health Center established in 1987, the Joseph P. Addabbo Family Health Center provides comprehensive health services to the poor, the medically indigent and/or medically underserved residents in the county of Queens, New York. Our mission is to be the leading preventive and comprehensive primary health care provider in New York City. We are committed to providing services that are patient-focused, high quality, accessible and cost-effective. Services will be provided with respect to the social beliefs, religious, cultural and economic needs of the community we serve. Through education, innovation and community partnerships, we will anticipate and exceed the expectations of our patients and communities.

About Denham Wolf Real Estate Services

An essential resource for New York City’s 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.

Read more…