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August 12, 2009

Science Moves to Downtown Brooklyn

1-pierrepont-plaza-0809.jpgThe Social Science Research Council, an international not-for-profit organization, has abandoned its former Manhattan headquarters for a new home in Brooklyn, in Forest City Ratner Companies’ tower at One Pierrepont Plaza, reports the Brooklyn Eagle. The main reason? Its rent in Manhattan was going to be doubled. Still, the company also liked the idea of moving to a "progressive neighborhood," where it could revamp its new offices (with a $3 million renovation) as well as its image. Go, Downtown Brooklyn.
Social Science Research Council Moves to Brooklyn from Midtown [Brooklyn Eagle]




Posted by jscheff at 10:00 AM | Comments (7)
Categories: Commercial Real Estate

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Comments

Wow this is going to be tough for the Anti-everything-Ratner crowd to spin.....

A non-profit,Social Science Research Organization is moving to Brooklyn and taking 25,000 sq ft in one of Ratner's best looking office towers! and cites lower rent and the BUILDING as the reason.

Since this is Ratner related I KNOW there has to be something very wrong with it but for the life of me I can't figure out how it will be spun that way......

Posted by: fsrg at August 12, 2009 10:12 AM

Sounds like an interesting organization. Are they hiring?

Posted by: etson at August 12, 2009 10:59 AM

fsrq- I am anti-AY, not anti-everything ratner. And you'll find that's true of most people. However to think that the council moved into a Ratner office building because of Ratner, rather than cheaper rent and the building itself is spin. They would have moved there for that price and location no matter who put it up.

Posted by: bxgrl at August 12, 2009 11:30 AM

bxgrl, I do think most of the anti-AY crowd is anti-all things Ratner. He is the devil incarnate to them and that irrationality is one reason why it is so hard to give credence to many of their arguments. The other day I saw a post on a Brooklyn Heights blaming Ratner for the poor quality of the help at the Regal theater because he owns the building! How does one explain the poor quality of the help at every other movie theater in this city I wonder.

Further proof of fsrg's point -- no where did he write that the organization moved to Brooklyn because it was a Ratner building, so how did you manage to conclude from his post that he was making that argument?

Posted by: westernnygirl at August 12, 2009 3:00 PM

tenant was looking for years off and on in brooklyn

they paid a mid-thirties rent, which is high, but in exchange got a huge buildout deal in Ratners's best located building

very nice people doing very interesting work

you should know that Forest City is arguably the best commercial landlord in BK from tenant point of view, they really take care of their people emmis

Posted by: BK realestate veteran at August 12, 2009 3:10 PM

wonder who the ahole ll was in Manhattan who was planning to double the rent?

What the vet said, Ratner takes good care of their buildings and tenants.

Posted by: denton at August 12, 2009 4:29 PM

ratner actually knows how to get business done whereas his detractors find success only in whining.

Posted by: BrooklynLove at August 12, 2009 8:09 PM

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