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Crouse School of Nursing Lease and Renovation Completed in Time For New School Year

Lease of the Year in Syracuse, New York
Crouse School of Nursing now occupies the top floor of 5000 Britton Parkway in East Syracuse, New York. (CoStar)
Crouse School of Nursing now occupies the top floor of 5000 Britton Parkway in East Syracuse, New York. (CoStar)
Hotel News Now
March 31, 2023 | 11:00 AM

Crouse Hospital in Syracuse, New York, faced a tight deadline to find new space for its nursing school after selling the building that housed Crouse School of Nursing in 2022.

Multiple stakeholders and groups worked together to help the nursing school meet its deadline, and that collaboration won Crouse School of Nursing a 2023 CoStar Impact Award, as judged by real estate professionals familiar with the market.

Working with Pyramid Brokerage, Crouse School of Nursing identified an occupied top-floor space at 5000 Britton Parkway in East Syracuse. The challenge was negotiating the surrender and buyout of the space so the nursing school could occupy it in time for the upcoming school year.

The deal was done with collaboration between the school and building owner Albany Road Real Estate Partners and its broker, Harkaway Commercial. The school worked with King & King Architects on construction using sustainable components with an emphasis on energy conservation. Rich & Gardner Construction provided construction management, and the lease and renovation were completed in time for the school to welcome its new class of students.

About the project: Crouse School of Nursing occupies 25,000 square feet on the top floor of 5000 Britton Parkway.

What the judges said: "I was impressed at both brokerage teams' ability to quickly put a deal together under a tight timeline," said judge Aidan Cleghorn.

They made it happen: Harry Harkaway, managing member, Harkaway Commercial.

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