Friends Seminary records memorandum of lease in Gramercy

Friends Seminary, as tenant, signed a memorandum of lease with landlord New York Quarterly Meeting for 1 parcel, including the tax class theological seminaries (W7) at 221 East 15 Street in Gramercy. The memorandum was signed on August 16, 2019 and was recorded on August 23, 2019
The property contains a total of 88,378 square feet of built space. The property has 50,012 square feet of available development rights.

The DOB issued a major alteration (A1) initial temporary certificate of occupancy for the building on September 11, 2012.
Over the past five years, there have been 11 NYC Department of Buildings permit applications filed for this parcel valued at more than $20,000. Of those there was one major renovation application including a certificate of occupancy change (A1) filed with a total estimated value of $36,136,595. There were 10 renovation/alteration projects (A2) applied for with a total estimated value of $3,228,250.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link