Non-profit supportive housing and programming provider The Bridge has signed a long-term lease to occupy 8,648 square feet across the entire fifth floor of 521 Bergen Ave., the first lease to be signed at the newly redeveloped mixed-use office building located within The Hub in the South Bronx neighborhood of New York City, announced JLL.
The Bridge offers supportive housing and behavioral health services to vulnerable New Yorkers living with health and substance use concerns.
“521 Bergen Ave. will provide us with an ideal environment to offer expanded services to people living in and around the South Bronx seeking to pursue their dreams and live meaningful lives,” said Taso Vassiliou, chief administrative officer of The Bridge.
Originally built in the early 1900s, the commercial property at 521 Bergen Ave. was fully redeveloped as a six-story, 55,000-square-foot office building last year. It features 7,328 square feet of ground floor retail/office space, along with branding opportunities and street-level access to the ground floor and lower levels that can be connected by existing internal stairs. The property features brand-new building systems, lobby and passenger elevator, and ‘white box’ floors ready for custom-built office installations.
A JLL team that includes Managing Directors William Korchak and Al Gutierrez, Executive Vice President Ellen Herman, Senior Vice President Edward DiTolla and Vice President Henry Warner serves as exclusive leasing agent for the property, which is owned by 521 Bergen REIT LLC and managed by Rubenstein Partners. Samuel Hartstein of Gemstone Realty Group represented The Bridge in its new lease.
“The renovated 521 Bergen Ave. was envisioned as premier office space catering to for-profit and nonprofit groups and we are thrilled to welcome a renowned social services organization such as The Bridge as our first tenant,” said Korchak. “The property provides an exceptional environment for community, governmental, healthcare and educational tenants seeking brand new office space in a location that provides easy transportation for both clients and employees.”
