(New York, NY – December 11, 2012) – The Moinian Group announces the closing of an 8,270 square-foot, long-term lease for Fusion Learning, Inc., an innovative WASC-accredited tutoring facility for students, at 450/460 Park Avenue South, the 12-story, 180,000 square-foot office building located between East 30th and 31st Streets in Manhattan.
Ms. Jovani Rampersad, Commercial Leasing Director for The Moinian Group, negotiated the lease on behalf of the owner, while Deb van der Hayden and Noah Savage of Jones Lang LaSalle represented the tenant.
The new lease represents the first Manhattan location for Fusion Learning, which already has 12 locations in California’s San Francisco Bay Area, San Diego, Los Angeles and Orange County, as well as one other New York location on Long Island. A subsidiary of American Education Group, Fusion Academy & Learning Center offers one-on-one education for students grades 6-12.
“Fusion Learning was targeting space in a sophisticated Manhattan neighborhood with easy access to public transportation. They were attracted to the space because they were able to have a full floor presence and the existing layout of the premises fit their requirement perfectly. We’re pleased that 450/460 Park Avenue South met the firm’s needs for its first Manhattan location,” said Ms. Rampersad of The Moinian Group.
Located in the vibrant Midtown South section of Manhattan, 450/460 Park Avenue South features abundant natural light on all floors. Its prime location offers convenient access to both Grand Central Terminal and Penn Station, and is one block away from the #6 subway line. 450/460 Park Avenue South is surrounded by sophisticated hotels such as the Ace, Gansevoort Park, Eventi, and NoMad, and restaurants such as Eleven Madison, Eataly and Shake Shack. Other corporate tenants include Office Links, Merchant Cash and Capital, Mimeo.com and Deep Focus.