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The Big Ten Conference announced it will open its second office, establishing a New York City presence to help serve the needs of its 14 member institutions. Newmark Grubb Knight Frank’s Matthew Siegel and David Falk assisted The Big Ten in securing its new space at 900 Third Avenue, which will be fully staffed and operational by June 1.
The office is located in Midtown Manhattan, with easy access to airports and other transportation, and will feature both office and meeting space. Three Big Ten staff members working in branding, championships, communications and compliance will be based in the New York City office to provide expanded coverage and service, while Big Ten Commissioner James E. Delany and senior staff will maintain a presence in both the New York City office and the conference’s current headquarters located in Rosemont, Ill. In addition, other conference and institutional administrators will utilize the space as necessary when conducting business on the East Coast. The Big Ten and its member institutions will also have access to satellite office space in Washington, D.C.
“We are excited to be on the East Coast and to open a second office in New York City,” Delany said. “With the addition of Maryland and Rutgers, we have become a conference with a significant presence in two regions of the country. While the space will be utilized full time by Big Ten staff, it will also be open to our member institutions conducting business in the city. New York is one of the world’s greatest cities, and this provides an opportunity for connecting with our many conference partners, media and alumni in that area.”
The Big Ten has made a series of announcements highlighting the conference’s increased presence on the East Coast, beginning with the addition of Maryland and Rutgers as future conference members in November 2012. Last June, the Big Ten announced the acceptance of Johns Hopkins University as the conference’s first sport affiliate member for men’s lacrosse and also announced an agreement to take part in the New Era Pinstripe Bowl, sending conference football teams to play at Yankee Stadium on an annual basis.
Maryland and Rutgers are set to officially join the Big Ten on July 1, 2014, giving the conference more than 520,000 total students and 5.7 million living alumni. The broad-based athletic programs of the 14 institutions will feature almost 9,500 student-athletes on 350 teams in 43 different sports. With the debut of men’s and women’s lacrosse during the 2014-15 academic year, the Big Ten will sponsor 28 official sports. Maryland and Rutgers are already members of the Committee on Institutional Cooperation, an academic consortium of Big Ten universities and the University of Chicago that is a model for effective and voluntary collaboration among top research universities.
About Newmark Grubb Knight Frank
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With roots dating back to 1929, NGKF’s strong foundation makes it one of the most trusted names in commercial real estate. NGKF’s full-service platform comprises BGC’s real estate services segment, offering commercial real estate tenants, landlords, investors and developers a wide range of services including leasing; capital markets services, including investment sales, debt placement, appraisal, and valuation services; commercial mortgage brokerage services; as well as corporate advisory services, consulting, project and development management, and property and corporate facilities management services. For further information, visit www.ngkf.com.
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