Printer Friendly

New non-profit finds home.

A new start up non-profit agency, headed by Joseph Califano and funded by a number of national foundations, has signed a major lease in midtown Manhattan.

The Center on Addiction and Substance Abuse at Columbia University has committed to 17,300 square feet at 152 West 57th Street (Carnegie Tower). The aggregate rent is $4.7 million.

Califano, who served as secretary of Health, Education and Welfare under President Carter, is chairman of the organization. The organization is funded by such groups as the Ford Foundation, the Rockefeller Foundation, the Northrop Corporation, and the Robert Wood Johnson Foundation.

The agency's board of directors includes such people as Califano, the Barbara C. Jordon, former Congresswomen from Texas; Donald Keough, president of the Coca-Cola Company and Douglas Fraser, former president of the United Auto Workers.

Stuart I. Romanoff, director of Cushman & Wakefield, represented CASA in negotiations.

CASA's mission is to inform the American people of the enormous economic and social costs of substance abuse throughout society; to foster a sense of individual, institutional and shared responsibility to prevent and combat the problem; and to help provide the needed tools to fulfill that responsibility.
COPYRIGHT 1993 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:Center on Addiction and Substance Abuse at Columbia University leases commercial space at 152 West 57th Street, New York, New York
Publication:Real Estate Weekly
Date:Jun 9, 1993
Previous Article:Strand to celebrate sales.
Next Article:Bertelsmann opens doors of foreign incubator.

Related Articles
Partnership for Homeless buys condominium space.
Helmsley-Spear places Epilepsy Society of NY.
Non-profit signs at 120 Wall.
Retailer Faconnable comes to 5th Ave.
Non-profits face unique leasing challenges.
Newmark & Company Real Estate.
Garrick-Aug Worldwide Ltd named agent for space at 37 west 57th St. (Retail New York).
W. 57th space goes to RKF. (Retail New York).
Leasing on high note at the Fisk.
Colliers brokers 30,000 s/f space for New York's women in need.

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters