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TransitChek Keeps its Rent in Check

NEW YORK CITY-The nonprofit is consolidating into a lower floor of 34,083 square feet at 1065 Ave. of the Americas, highlighting this week’s wrap-up of deals.

By Paul Bubny | Updated on June 25, 2010

New York City

TransitCenter, the originator of the TransitChek commuter benefits program, is expanding and consolidating its headquarters space at 1065 Ave. of the Americas. The nonprofit, which has been in a 27,000-square-foot space over two floors for the past 10 years, will now take the entire 34,083-square-foot fifth floor. Studley’s Zev Holzman and Paul Revson represented TransitCheck; Holzman says in a release that the move affords TransitCenter greater efficiencies while also taking advantage of current market conditions. Brian Waterman, John Fanuzzi, Brent Ozarowski and Lance Korman, all of Newmark Knight Frank, represented the landlord, TrizecHahn 1065 Avenue of the Americas LLC. Lease terms were not disclosed.

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