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Illustration: Getty Images, Commercial Observer

Commercial Observer

December 30, 2024

As more landlords look to nonprofits to fill office space, Kasirer is helping clients take advantage of Section 420a leases, which allow nonprofits to avoid real estate taxes and make long-term deals more affordable. Kasirer also helped nonprofits secure $24.8 million in capital funding for FY25, guiding them through a shifting real estate market and growing interest from major owners like SL Green, Brookfield, and Silverstein.

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