Publishing giant Scholastic has hired Newmark to explore selling all or part of its headquarters property in Manhattan’s SoHo as it seeks to cut costs and shore up its bottom line to reverse recent financial losses.
Scholastic considers sale of its Manhattan headquarters for financial boost
'Harry Potter' publisher taps Newmark to find partners for potential sale-leaseback deal
By Andria Cheng
CoStar News
June 24, 2025 | 8:58 P.M.
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IN THIS ARTICLE
- Companies
- Scholastic
Information
- Newmark
Real Estate
- Contacts
- Peter Warwick
CeO, Scholastic Corporation