Planned Parenthood’s 26K Feet for Under $9m

Big Office Condo Deal! Nonprofit’s 26K Feet for Under $9 M. | The New York Observer: A nonprofit has made a short hop to some new downtown space, but a big leap to ownership. The International Planned Parenthood Federation has snapped up 26,000 square feet downtown for less than $9 million.

The foundation has taken the entire ninth floor at 125 Maiden Lane. 'It's almost unheard of for a nonprofit to purchase its real estate today,' broker Suzanne Sunshine said. 'Banks and government are no longer providing the kind of financing like they used to.'

To make the new owners feel at home, there's also a landscaped roof deck, a courtyard with river views, and a fully equipped exercise room.