James Famularo and Eliot Goldschmidt of Meridian Retail Leasing Arrange a Lease in Williamsburg for a Private School

ARDOR School for Passion-Based Learning, an independent day school for pre-school through eighth grade, is opening at 29 Nassau Avenue in Brooklyn’s Williamsburg neighborhood

June 4, 2019

Meridian Retail Leasing, the retail leasing division of Meridian Capital Group, has arranged a 35-year lease for ARDOR School for Passion-Based Learning at 29 Nassau Avenue in the Williamsburg neighborhood of Brooklyn, NY. President of New York Retail Leasing, James Famularo, and Director, Eliot Goldschmidt, represented the tenant while Modern Spaces represented the landlord.

ARDOR will open at 29 Nassau Avenue between North 15th and Dobbin Streets in a three-story building spanning nearly 20,000 square feet on the border of Williamsburg and Greenpoint, near the iconic McCarren Park. The independent day school will admit children as young as two years old through eighth grade, initially offering enrollment for two- and three-year old programs in addition to pre-kindergarten and kindergarten in its first year, subsequently adding one grade each year after. In addition to a core curriculum, the school will provide comprehensive instruction based on students’ individual strengths in addition to offering a flexible schedule, after school programs, and summer camps.

Formerly an education facility, the property features spacious classrooms, a gymnasium, school kitchen, and rooftop playground. It is advantageously located near the G and L subway lines at Nassau and Bedford Avenues in addition to an array of popular restaurants and retailers.
“29 Nassau Avenue offered a tremendous opportunity for ARDOR based on the dense population of school-aged children,” said Mr. Goldschmidt.

Founded in 1991, Meridian Capital Group is America’s most active dealmaker and one of the nation’s leading commercial real estate finance, investment sales and retail leasing advisors. In 2018, Meridian closed over $37 billion in financing through more than 3,500 transactions across more than 250 unique lenders and sold nearly $1 billion in commercial property. Meridian represents many of the world’s leading real estate investors and developers and the company’s expansive platform has specialized practices for a broad array of property types, including office, retail, multifamily, hotel, mixed-use, industrial, and healthcare and senior housing properties. Meridian is headquartered in New York City with offices in New Jersey, Maryland, Illinois, Ohio, Florida and California. www.meridiancapital.com