JLL completes lease-up of 521 bergen Avenue in South Bronx Following Children’s Rescue Fund Expansion

NEW YORK, Oct. 30, 2026 - JLL announced today that it has completed the lease-up of 521 Bergen Ave., a 55,000-square-foot redeveloped office property in the South Bronx, following an 8,648-square-foot expansion by Children's Rescue Fund.

Children's Rescue Fund, a nonprofit organization providing housing and supportive services for homeless families and children throughout New York City, initially leased approximately 18,000 square feet at the property, including the third and fourth floors and a portion of the basement. The organization has now expanded into an additional 8,648 square feet on the second floor, completing the lease-up of the six-story building.

The completed lease-up follows a comprehensive redevelopment of the property near the HUB, a longstanding commercial and transportation center in the South Bronx. With Children's Rescue Fund joining JCCA and The Bridge, 521 Bergen Ave. brings together three nonprofit organizations serving New York City communities, highlighting the property's appeal to mission-driven tenants seeking accessible, modern office space in the borough.

"Our expansion at 521 Bergen Avenue reflects our continued commitment to supporting families and children across New York City," said Orlando Ivey of Children's Rescue Fund. "Having a space that is accessible, flexible and well-suited to our needs allows us to strengthen our operations and remain focused on delivering the critical services that families depend on."

JLL serves as the exclusive leasing agent for 521 Bergen Ave., with a team comprising Managing Director William Korchak, Senior Managing Director Al Gutierrez, , Senior Vice President Edward DiTolla and Vice President Henry Warner. The property is owned by 521 Bergen Properties LLC and managed by an affiliate of Rubenstein Partners, L.P., as part of Rubenstein Partners' initiative to provide asset management and property operations related services for overseas institutional real estate investors.

"Completing the lease-up of 521 Bergen Avenue is a significant milestone for the property and a testament to the vision behind its redevelopment," said William Korchak, Managing Director at JLL. "The South Bronx offers a unique combination of transit accessibility and proximity to the communities these organizations serve. Children's Rescue Fund's expansion reflects the building's appeal to nonprofit organizations looking to establish and grow their presence in the borough."

The fully redeveloped property features upgraded building systems, a renovated lobby, an updated passenger elevator and flexible office layouts designed to accommodate a range of tenant needs.

"The redevelopment of 521 Bergen Avenue was focused on creating a high-quality office environment that could accommodate a diverse range of tenants," said Edward DiTolla of JLL. "We're pleased to see the property fully leased and to welcome organizations whose work supports families and communities throughout New York City."

Located in the South Bronx near the HUB commercial district, 521 Bergen Avenue is one block from the Third Avenue-149th Street subway station, served by the 2 and 5 trains.

JLL is a leader in the New York Tri-State commercial real estate market, providing leasing, capital markets, property and facilities management, consulting, and project and development services to clients throughout the region.

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