The National Association of Pediatric Nurse Practitioners (NAPNAP), the professional association for pediatric nurse practitioners (PNPs) and all pediatric-focused advanced practice registered nurses (APRNs), has signed a new, eight-year lease for 2,794 square feet on the 19th floor of 40 Exchange Place in Manhattan’s Financial District.
Allen Gurevich, senior managing director of GFP Real Estate, represented the landlord, GFP Real Estate, in the transaction; Megan Keenan of Keenan Ellicott Inc. represented the tenant.
NAPNAP, which has more than 8,000 members nationwide, will use the space for its general and executive offices. GFP Real Estate will renovate the space on behalf of the NAPNAP, installing two new offices and a new conference room. Although the terms of the deals were not disclosed, asking rents at the building are in the $45-per-square-foot range. The space was previously occupied by Flyer Snap. NAPNAP moved into its new offices in May 2023.
“As a fervent supporter of nonprofits, we are excited to have NAPNAP join us at 40 Exchange Place. The building continues to attract non-profits and creative firms looking for a great location with modern, loft-like office spaces,” said Brian Steinwurtzel, co-CEO and principal of GFP Real Estate.
Formerly known as the Lord’s Court Building, 40 Exchange Place was completed in 1893 and has been renovated and re-imagined.
