Nyc signs long-term lease with treasure island preschool at brooklyn property

New york--(business wire)--new york city reit, inc. (nyse: nyc) announced today that the entire ground floor of 8713 fifth avenue in brooklyn, ny has been leased to treasure island, an operator of nursery schools and daycare centers with an almost 40-year history in the area. treasure island signed a 20-year lease that includes 1.5% annual rent increases and is expected to commence during the third quarter of 2022. “the long-term lease we signed with treasure island will provide much needed cla
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