Technology Education Leader to Occupy Full Floor, Bringing Property to Full Occupancy

RFR today announced a 12,602-square-foot lease with App Academy at 90 Fifth Avenue, a 140,000-square-foot office building located a minute’s walk from New York’s Union Square Park. The SanFrancisco-based education technology company, relocating from 22 West 38th Street, took the entire second floor of the distinguished office property, which RFR has repositioned to thrive in thecorridor popular among tech, media and publishing firms.

Founded in 2012 by Kush Patel, App Academyis considered a top coding school for some of the most prestigious tech companies in the world, including Google, Boxed, PayPal, Facebook and Pinterest.

RFR’s AJ Camhi and Ryan Silverman represented the ownership in-house. “The floor was previously occupied by an education technology company, and the existing layout suited the real estate requirements of App Academy perfectly,” Mr. Camhi said. “App Academy will have a dedicated ground floor entrance on 14th Street with direct access to its second-floor space via elevator and stairs.”

About RFR

RFR is a fully integrated real estate investment firm based in New York City with a core focus on select urban markets in the United States and Germany. Founded by Aby Rosen and Michael Fuchs in the early 1990’s, the firm has been an active force in the New York City and German real estate market for much of the past three decades. RFR’s portfolio has grown to include more than 100 properties located in select domestic and international markets with significant commercial, residential, hotel, and retail holdings. RFR has a proven track record of adding significant value to the properties it acquires through property-level repositioning and strategic financial engineering.