Lease Beat

Calvin Klein Renews at 205 West 39th

CalvinKleinPVH Corp.-owned Calvin Klein has renewed its 195,000 square feet at 205 West 39th Street, according to a report from the New York Post.

The company, which occupies the 2nd through 12th floors of the 17-story building, as well as part of the ground and basement floors, expanded by 30,000 square feet over the course of the last two years and the new lease extends those commitments through 2018.

The offices include a high-ceiling “look space” on the first floor for shows/events and its archives, which includes all item ever designed by the company.

Matthew Astrachan and Mitchell Konsker of Jones Lang LaSalle and Steven Bauer of Cushman & Wakefield represented PVH, while Howard Fiddle and Evan Haskell of CBRE represented the ownership.

“This location has been their headquarters since 1978 and personifies the brand very effectively, including the ‘look space’ that houses many of their fashion shows and other promotional events,” Mr. Astrachan told The Commercial Observer

Spokesmen for the other brokers and their respective firms did not immediately respond to requests for comment. 

PVH Corp. early last week also signed a long-term renewal and expansion deal for its Warnaco Group unit at Empire State Realty Trust’s 501 Seventh Avenue, adding more than 37,000 square feet to the lease and bringing its total occupancy to 223,616 square feet.

PVH also owns Tommy Hilfiger and IZOD. The company acquired Warnaco, which owns Calvin Klein jeans and underwear licensing, in February for $2.9 billion, bringing all Calvin Klein-branded apparel under a single entity. The company bought Tommy Hilfiger for $3 billion in 2010.

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