Brooklyn Non-Profit Renews Over 39,000 Square Feet At Two Brooklyn Heights Properties

CresaPartners Negotiates Deal for Little Flower Children and Family Services

Press Release, December 16, 2009

NEW YORK CITY – Little Flower Children and Family Services has renewed leases totaling 39,390 square feet at two Joseph P. Day properties in Brooklyn Heights: 186 Joralemon Street and 44 Court Street, says CresaPartners.

“Little Flower, a not-for-profit charity serving children, families and developmentally disabled adults across New York City and Long Island, has occupied space in the buildings for over 10 years and has been in Joseph P. Day buildings for over 40 years,” says Nancy Weinstein, vice president at CresaPartners, who represented the tenant. “This early renewal will enable the non-profit to remain at the two addresses and save a substantial amount of money over the next 10 years.”

Robert Oliver of Joseph P. Day Realty Corporation negotiated for the owner.

CresaPartners is an international corporate real estate advisory firm that exclusively represents tenants and specializes in the delivery of fully integrated real estate services, including: Transaction Management, Project Management, Relocation Planning and Management, Strategic Planning, Workforce & Location Planning, Subleases and Dispositions, Lease Administration, Capital Markets, and Facilities Consulting. With more than 50 North American offices, CresaPartners is the largest pure tenant representation firm in the U.S. and Canada. Through a partnership with Atisreal international real estate group, CresaPartners is a member of one of the leading real estate organizations in the world, covering 35 countries. For more information, visit www.cresapartners.com.