NEW YORK CITY-Taking advantage of many of New York City's biggest selling points, a non-profit group has decided to consolidate its four offices across the country—including one in Lower Manhattan—into one new headquarters location in the Big Apple. The organization, AFS-USA has signed a 15 year, 41,000-square-foot lease at 120 Wall St., relocating from One Whitehall St. as well as locations in Baltimore; Portland, Oregon and St. Paul, MN.
Landlord Silverstein Properties was represented by Roger Silverstein and Joe Artusa from the company. AFS-USA—which provides international and intercultural learning experiences to individuals and groups—was advised by Colliers International , which suggested that moving into one office in the nation's most well-known city would provide some distinct advantages.
“With four locations, or even if AFS-USA went to two offices, there were communication issues for the staff and a lot of travel time for senior executives,” says Alan Desino, executive managing director. “The talent of the labor pool in New York, the proximity to mass transportation and the quality of the property made the city the best mix of offerings.”
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Rayna Katz
Rayna Katz is a seasoned business journalist whose extensive experience includes coverage of the lodging sector, travel and the culinary space. She was most recently content director for a business-to-business publisher, overseeing four publications. While at Meeting News, a travel trade publication, she received a Best Reporting award for a story on meeting cancellations in New Orleans during Hurricane Katrina.
