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Red Cross Searches for New Manhattan Home

NEW YORK CITY-After unloading its West Side home of 40 years in a $72-million deal, the Red Cross in Greater New York is on the lookout for a new--more technologically savvy—-base of operations.

By Barbara Jarvie | Updated on May 25, 2004

NEW YORK CITY-Studley has the assignment to find a new home for the American Red Cross in Greater New York who agreed to sell its 164,175-sf headquarters at 150 Amsterdam to 150 Amsterdam Avenue Holdings in a $72-million transaction. The Red Cross, which has the sole tenant at the five-floor site since building it in 1963, plans to occupy a new space in late 2005.

According to a spokesperson, the Red Cross is evaluating all options, including leasing or buying, and is exploring various Manhattan neighborhoods—-not just the West Side. The spokesperson tells GlobeSt.com that major considerations include the need for additional classroom space and upgraded technology.

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