(Feb. 22, 2022 – New York City) – OPEN Impact Real Estate LLC (OPEN) and Transwestern Real Estate Services announce that they represented Bold Charter School in a 10,000-square-foot lease at 1093 Southern Blvd. in the Bronx. Stephen Powers and Lindsay Ornstein, founders of OPEN, and Tom Hines, senior vice president, and Casey Noel, vice president, at Transwestern, jointly represented Bold Charter School.
The new school will have eight classrooms, serving approximately 240 K-4 learners, and will be open for the 2022-2023 academic year. The school will be located on the building’s second floor with a private ground floor entrance and a dedicated outdoor play space.
“Bold Charter School seeks to develop our students into life-long learners and equip them not just to excel in college but to become the next generation of leaders,” said Andrew Foglia, Founder and Executive Director, Bold Charter School. “Our new location will provide the environment in which our students have the opportunity to learn at their full capacity.”
The OPEN and Transwestern team is also working with Bold Charter School on a search for their new school location, as part of its strategic growth plans. The requirement will center on sites that support schools sizes of 40,000 to 45,000 square feet or 70,000 to 75,000 square feet.
“Bold Charter School has an excellent vision for its learners and is having a tremendous impact in its students’ lives,” said Powers. “The lease at 1093 Southern Blvd. provides significant flexibility to support the school’s plans for growth and expansion, as it seeks to serve the families in the area.”
1093 Southern Blvd. is in the Foxhurst neighborhood of the Bronx. The building is accessible by students, parents and staff by public transportation, with 2 and 5 trains and multiple bus stops close by. Bold Charter School’s new space was previously occupied by a Beanstalk Academy daycare center.
Building ownership, Meyerson Management LLC, was represented internally by David Israeli and Joseph Israeli.
About Bold Charter School
With an unwavering commitment to excellence, Bold Charter School delivers a world-class public education that equips children from all backgrounds with the academic and character foundation to succeed in college and serve as the next generation of leaders. Our academic program is designed based on the belief that active participation in the learning process leads to meaningful, transferable, and enduring understanding. For more information, please visit www.boldschools.org or follow us on social media.
About OPEN Impact Real Estate LLC
OPEN Impact Real Estate (OPEN) is a woman-owned business that delivers a comprehensive range of commercial real estate brokerage and advisory services, with a focus on supporting social-minded, mission-driven organizations. Based in New York City, OPEN serves clients across the United States, particularly those that value the benefits of working with an M/WBE with deep expertise in furthering mission through physical space. OPEN is an affiliate of Transwestern Real Estate Services. For more information, please visit www.openregroup.
About Transwestern Real Estate Services
Transwestern Real Estate Services (TRS) adds value for investors, owners and occupiers of all commercial property types through a comprehensive perspective and by providing solutions grounded in sound market intelligence. Part of the Transwestern companies, the firm applies a consultative approach to Agency Leasing, Asset Services, Tenant Advisory + Workplace Solutions, Capital Markets, and Research & Investment Analytics.
The privately held Transwestern companies have been delivering a higher level of personalized service and innovative real estate solutions since 1978. Through an integrated, customized approach that begins with good ideas, the firm drives value for clients across commercial real estate services, development, and investment management. Operating from 33 U.S. offices, Transwestern extends its platform capabilities globally through strategic alliance partners whose unique geographic, cultural, and business expertise fuels creative solutions. Learn more at transwestern.com and @Transwestern.
