New York, NY

CBRE Arranges 51,498 Sq. Ft. Lease for Bedford Stuyvesant New Beginnings Charter School at 217 North 10th Street in Williamsburg

One of Largest Recent Leasing Transactions in Brooklyn Completed at Morris Adjmi-Designed

March 6, 2024

217 North 10th Street

In a transaction arranged by CBRE, Bedford Stuyvesant New Beginnings Charter School (BSNBCS), a public charter school in Brooklyn, NY, inked a 51,498 sq. ft. lease for the entire three-story commercial component of the newly constructed mixed-use building at 217 North 10th Street. The property, which was designed by Morris Adjmi Architects, is located in the heart of Williamsburg, one of the most sought-after neighborhoods in Brooklyn, boasting numerous cultural, culinary, recreational and entertainment venues.

The CBRE team of Jason Frazier, Jesse de la Rama, Jeremy Scholder, Chris Betting and Dean Rosenzweig spearheaded the leasing campaign at the property and arranged the lease on behalf of Largo, the developer of the Property.

“We are ecstatic about a deal which is not only mutually beneficial for Largo and BSNBCS but also a massive win for the borough of Brooklyn and New York City’s educational system,” said Mr. Frazier.

“Ultimately, new construction with great design, an abundance of natural light, soaring ceiling heights, a private entrance and tons of outdoor spaces combined with the adjacency to parks and transportation was the winning formula,” said Nick Werner of Largo. “It’s another great contribution to the neighborhood.”

BSNBCS will occupy the entire ground, second and third floors totaling 51,498 sq. ft.

About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2024 revenue). The company has more than 140,000 employees (including Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.