Boston Globe: "Thanks to a 26-year-old nonprofit founder, one less downtown Boston office building is vacant"

"Imagine being 26 years old, at the start of your career, and figuring out how to buy an office building in the middle of downtown Boston for your fast-growing nonprofit.

The improbable scenario is all too real for Connor Schoen, who in December engineered one of the most surprising real estate deals in the city: a $6.3 million purchase of a five-story building on Franklin Street for the nonprofit he leads, Breaktime.

Schoen’s social entrepreneurship quickly became the talk of the town. Nonprofit executives and philanthropic leaders reached out to him about what they could learn from the deal, and whether they, too, could invest in downtown at a time when office building values have plummeted. For Breaktime and other nonprofits that might follow its lead, owning instead of leasing provides some control over their destiny."

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https://www.bostonglobe.com/2025/02/11/business/breaktime-nonprofit-connor-schoen-downtown-office-building/

You can read the article using the Franklin Library subscription to the Boston Globe. Follow these steps to do that ->

https://www.franklinmatters.org/2025/02/how-to-access-online-resources-with.html

Boston Globe: "Thanks to a 26-year-old nonprofit founder, one less downtown Boston office building is vacant"