Swedish Institute Inc. has signed a long-term lease agreement at 151 West 26th St. in Manhattan for 17,610 square feet on the third floor, announced Koeppel Rosen LLC, leasing and management agent for the Rosen family portfolio. The educational institution also signed a ten-year extension for its existing 40,068-square-foot lease. Swedish Institute now occupies a total of 57,678 square feet at the property.
Swedish Institute is a long-established educational institution based in New York City that specializes in health sciences and wellness education. The school offers degree and certificate programs in massage therapy, nursing, surgical technology and related fields. With a hands-on, career-focused approach, Swedish Institute trains students for roles in healthcare and maintains strong ties with clinical partners throughout the city.
“The Swedish Institute had already occupied 35,220 square feet of office and 4,848 square feet of retail space across the first, fourth and fifth floors of the building,” said Max Koeppel, director of leasing at Koeppel Rosen. “It sought to expand within the building to accommodate extra room for its teaching and office space and we were happy to work with the company on its expansion to the third floor and extension of its existing lease.”
Ownership was represented in house by Max Koeppel, while Swedish Institute was represented by Mark S. Weiss of Cushman & Wakefield.
Constructed in 1912 by architectural firm Schwartz & Gross & B.N. Marcus, the Energy Star-certified 151 West 26th Street is a 197,336-square-foot, 12-story building between Sixth and Seventh avenues in Manhattan’s Chelsea neighborhood. Other tenants at the property are Goods & Services LLC, Social Code LLC and CTA Architects P.C.
