KZA Realty Secures 10-Year Lease for OWL Early Intervention Program, LLC In the Bronx

 

KZA Realty Group has successfully closed the leasing rights for the ground floor community facility space located in the Bronx’s residential neighborhood of Morrisania. The location will be home to OWL Early Intervention, LLC, an extension of the Brooklyn-based company that provides a range of therapy services for young children diagnosed with neurologic or orthopedic disabilities.

KZA Realty’s Kathy Zamechansky represented the property owner during this month’s contract of the 10-year lease at 1016 Washington Avenue, Bronx NY. The 7,850 square foot community facility space is located on the ground floor of 1016 Washington Avenue in the Bronx and is close to several first and secondary schools in the area. Paul Moulins of KW Commercial Realty Group represented the lessee during negotiations and secured an agreed-upon price of $30 a square foot, or $210,000 for the entire lease period. The lease will commence on February 1, 2022.

“We are thrilled to have OWL Early Invention as the newest lessee at 1016 Washington Ave. They offer valuable services that will have a positive impact on both the children and families who live in the area – and we couldn’t be more excited for them to join the Morrisania community,” says KZA Realty’s President Kathy Zamechansky.

“It was a pleasure to represent and work alongside OWL Early Intervention, the owners, Rick and Gina, took great care in site selection and their attention to detail in the construction of the space reflects the care and devotion they have for meeting and exceeding the needs of the children,” says KW Commercial’s Managing Director Paul Moulins.

“Our early intervention program is unique, and it is extremely successful with the children we care for.  However, because of the success of the children, our center in Brooklyn always has a waiting list to become part of the OWL program.  We realized that to help more children and families, we needed to expand.  We are very excited to finalize this deal to call the Bronx another home that will allow us to help more children and their families achieve their full potential," says CEO of OWL Early Intervention Program, LLC Gina Levy.