Lease Beat

By Design Signs 21,711 SF at Leon Charney’s 1411 Broadway

1441 Broadway

By Design has signed a 21,711-square-foot lease at 1441 Broadway, a building owned by real estate tycoon Leon Charney.

The company takes a full floor in the building, in a space formerly occupied by Fifth and Pacific Companies (formerly Liz Claiborne Inc.), which will double as an office space and showroom.

“We’re glad to have them and we’ve almost backfilled all the space in the building – they’re a welcome addition,” said Bruce Block, Mr. Charney’s right hand man at L.H. Charney & Associates, the building ownership.  “They’re in the apparel and fashion industry and our building is predominately fashion.  They will be able to use some of the existing build-out space on the floor.” Read More

Lease Beat

Miraclebody and Mainstream Swimsuits Join Fashionable Crowd at 250 West 39th Street

250 West 39th Street.

Mainstream Swimsuits and sister-company Miraclebody, the denim manufacturer that claims weight loss as a virtue, have inked a 7,500-square-foot deal for two spaces at 39 Street Fashion Center.

Miraclebody will renew its lease on the 11th floor of 250 West 39th Street, the asset’s formal address, and Mainstream Swimsuits will relocate the design department to the building’s third floor, brokers told The Commercial Observer. Read More

Power Broker

Out With The Old: Coldwell Banker Commercial Alliance Hits New York

Selig and Sableson.

The New York office of Coldwell Banker Commercial Alliance—a franchise of Coldwell Banker Commercial—is so new that the sign outside its Midtown offices still bears the name of its previous iteration, Coldwell Banker Commercial Hunter Realty.

For the moment, a simple printout taped over the old plaque lets visitors know they’ve found the right spot. Yes, it’s that new.

Waterfall Asset Management announced in July that it had acquired the location, which was founded as Hunter Realty by industry veterans Richard Selig and Peter Sabesan roughly 14 years ago. When you factor in that Messrs. Selig and Sabesan worked for the Helmsleys, and that Coldwell Banker Commercial is itself a franchise system owned by Realogy Corp.—owner of Sotheby’s International Real Estate, Century 21 Real Estate and the Corcoran Group, among others—you almost need a flow chart to untangle it all. Read More

Lease Beat

Swimwear Designer Inks at 1441 Broadway

Courtesy of LH Charney

Mainstream Swimsuits Inc. has inked a deal at 1441 Broadway in the Garment District.

The swimwear designer will be taking 10,100 square feet on the 8th floor of the building. The company is most known for their Miraclesuit which makes wearers appear slimmer.

The suit was at the center of a lawsuit against Victoria’s Secret Read More

Lease Beat

1441 Broadway Welcomes Jay Suites

Courtesy of lhcharney

Jay Suites will be taking a lease in L.H. Charney Associates Inc’s 1441 Broadway.

The full service business center provider has signed for a new 21,711 square foot office in the building. The asking rent was $46 per square foot.

Senior executive managing director, Richard Doolittle, of Murray Hill Partners represented both parties in the Read More