New York, NY

Oliver Scholars Inks New Office Lease at 14 Wall Street

CBRE Negotiates 12,832 Sq. Ft. Lease at Historic Financial District Office Tower

February 7, 2023

Exterior of the Bankers Trust Building located at 14 Wall Street in Manhattan

Oliver Scholars, a New York City-based non-profit organization that prepares high-achieving, underserved Black and Latino students in New York City for success at top independent schools and prestigious colleges, has inked a 12,832 sq.-ft. office lease at 14 Wall Street. Oliver Scholars will relocate its offices from 80 Maiden Lane to part of the 17th floor of 14 Wall Street.

The CBRE team of Bradley Gerla, Jonathan Cope, Mike Rizzo and Masha Dudelzak spearhead the marketing efforts for the iconic 1.1 million-sq.-ft. Financial District office tower and represented the ownership, Roza 14W LLC, in the lease negotiations. The asking rent was $48 per sq. ft.

“Given the property’s historical significance as well as ownership’s commitment to tenant service and providing the highest-quality space in the Financial District, 14 Wall Street has become one of Downtown’s most sought-after business addresses,” said Mr. Gerla. “We are thrilled we were able to negotiate a long-term lease with such an important non-profit organization like Oliver Schools.”

14 Wall Street, with its distinctive pyramidal roof, is strategically located across from the New York Stock Exchange and Federal Hall, just steps from Broadway. The property, which once was the tallest building in Manhattan, has redefined Lower Manhattan by offering some of the most spectacular office space available on the market. The building is steps from the subway and is home to Equinox at the base of the building.