Robin Hood Philanthropy Inks 30-Year, 53K-SF Lease at 841 Broadway in Manhattan

Robin Hood Philanthropy Leases 53K SF with the Feil Organization
CRE Market Beat Take
A 30-year, building-filling nonprofit lease provides durable cash flow for the landlord, illustrating how mission-driven tenants can help stabilize occupancy in office assets.

Robin Hood has committed to a 30-year lease with The Feil Organization at 841 Broadway, taking 53,000 square feet across four contiguous floors in the office property. The newly built-out premises span the fifth through eighth floors of the building. With this transaction, the 91,300-square-foot office asset is now fully occupied.

Under the lease, The Feil Organization will deliver a custom-built environment for Robin Hood, New York City’s largest local poverty-fighting philanthropy. The space will feature new interconnected staircases linking the four leased floors, creating internal circulation intended to tie the workplace together. The landlord will also provide a fully built-out layout tailored to support collaboration, efficiency and the continued expansion of Robin Hood’s mission-driven operations.

The Feil Organization highlighted the agreement as consistent with its strategy of working with nonprofits and institutions that serve the broader community. Principal Brian Feil noted that the firm also works with Phipps Houses at 257 Park Ave. South and the Archdiocese of New York at 488 Madison Ave., citing these relationships alongside Robin Hood as examples of organizations focused on community impact within the landlord’s portfolio.

Leasing representation for the transaction was handled on both the ownership and tenant sides. The Feil Organization was represented in-house by Andrew Wiener and Robert Fisher. Robin Hood was represented by David Carlos and Andrew Dzenis, who lead JLL’s Nonprofit Practice, reflecting the tenant’s status as a major nonprofit occupier and the specialized brokerage expertise applied to the assignment.

The long-term lease secures Robin Hood’s presence at 841 Broadway and completes the lease-up of the property. The combination of a multi-floor, single-tenant block and a custom interior fit-out with vertical connectivity positions Robin Hood to operate across the four floors as a unified workplace. The deal underscores the building’s full occupancy status and formalizes a long-horizon relationship between a nonprofit tenant and an established commercial landlord.

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