September 24, 2020
Cushman & Wakefield arranged two 20-year leases on behalf of Spring Education Group for BASIS Independent Schools. The private school will occupy 34,500 square feet at 556 W. 22nd St. in Chelsea and 62,737 square feet at 138 Willoughby St. in Brooklyn.
A Cushman & Wakefield team of Ron Lo Russo, Heather Thomas, Jay Stewart, Rico Murtha and Helen Paul represented Spring Education Group at 556 W. 22nd. Stewart, Murtha and Paul represented Spring at 138 Willoughby.
“As our New York City private school campuses located on the Upper West Side and in Red Hook are reaching capacity, we are thrilled to be expanding and opening new campuses in both Chelsea and Brooklyn,” said BASIS president Matt Dick.
Lo Russo added, “Spring Education Group’s decision to expand BASIS Independent Schools in Chelsea and Brooklyn is a testament to the high demand for quality educational space in New York City.”
Pictured: Rendering of BASIS in Chelsea.
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