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Girl Scouts of the USA Retains Cushman & Wakefield to Sell Three Full-Floor Office Condominiums at 420 Fifth Avenue in Midtown

Elise Maguire Ferrara • 3/18/2026
NYC
Midtown Manhattan

NEW YORK – March 18, 2026 – Cushman & Wakefield, a global real estate services firm, has been retained by Girl Scouts of the USA (GSUSA) to market for sale three full-floor office condominiums at the organization’s national headquarters at 420 Fifth Avenue in Midtown Manhattan. The available floors – 11, 12 and 13 – range from approximately 18,000 to 19,000 rentable square feet and may be purchased individually or collectively, totaling 55,935 square feet.  

Cushman & Wakefield’s Investment Sales team of Craig Waggner, John Ciraulo and Jack Stephen are leading the marketing efforts on behalf of GSUSA, in collaboration with the firm’s office leasing specialists, Mark Weiss and Katya Shabanova

As the Girl Scouts continue to evolve to meet the needs of today’s girls and tomorrow’s leaders, GSUSA has redefined its workplace strategy to reflect the needs of its workforce, culture, and mission. As part of this strategic initiative, the organization has decided to sell a portion of its office condominium floors while maintaining its presence in the building on floors 9 and 10, in addition to continuing to operate its retail store on the ground floor. 

“This represents a rare opportunity to acquire full-floor Class A office condominiums on Fifth Avenue – the only office condominium building located on Fifth Avenue – at a time when high-quality, transit-oriented ownership opportunities in Midtown are extremely limited,” said Waggner, Managing Director at Cushman & Wakefield. “The combination of a premier address, efficient full-floor layouts and the flexibility to acquire one or all three floors makes this opportunity especially compelling for corporate occupiers, investors and nonprofit organizations, particularly those that can leverage their real estate tax-exempt status to enhance long-term occupancy economics, seeking long-term control of their space.” 

Shabanova, Executive Managing Director with Cushman & Wakefield, added that “Foundations and other not-for-profits are drawn to ownership and seem to be especially interested in these floors at 420 Fifth, as there is such a paucity of high-quality commercial condominiums in Midtown.” 

The floors feature 12’6” slab-to-slab ceiling heights, virtually column-free layouts with only three columns per floor, full-height windows on all four sides providing excellent natural light, and dedicated elevator service to floors 9 through 17. The space is built with modern installations that allow for turnkey occupancy and flexibility for a wide range of owner-occupiers, including nonprofit organizations, legal, consulting, financial services and TAMI users. 

Located along the entire westerly block front of Fifth Avenue between West 37th and West 38th Streets, 420 Fifth Avenue is a 30-story, approximately 650,000-square-foot Class A office tower featuring a three-story atrium lobby, granite and glass curtain wall façade, and 24/7 security and access. The property sits in the heart of Midtown’s commuter triangle, within walking distance of Grand Central Terminal, Penn Station and the Port Authority Bus Terminal, providing access to multiple subway lines and regional rail service. 

About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for occupiers and investors with approximately 53,000 employees in over 350 offices and nearly 60 countries. In 2025, the firm reported revenue of $10.3 billion across its core service lines of Services, Leasing, Capital markets, and Valuation and other. Built around the belief that Better never settles, the firm receives numerous industry and business accolades for its award-winning culture. For additional information, visit www.cushmanwakefield.com.

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