Lease Beat

Manhattan Beachwear Doubles Space in Garment District

1411 Broadway

Manhattan Beachwear renewed its lease and took additional space at 1411 Broadway, according to a representative for Callahan Capital Properties, asset manager of the property for the ownership venture: The Swig Company and Ivanhoé Cambridge.

Manhattan Beachwear will move from the 32nd to the 31st floor to occupy 12,768 square feet in the next month, according to a spokeswoman for Newmark Grubb Knight Frank. Through predecessor companies it acquired, the company has been a tenant since 1985, having grown from about 3,000 square feet, said Bernard Weitzman of NGKF. Mr. Weitzman represented Manhattan Beachwear in the deal. Read More

Codecademy Opens its First Office at 49 West 27th Street

49 West 27th Street.

Codecademy, an online educational platform that offers free coding classes and counts Mayor Michael Bloomberg among its subscribers, is opening its first office on the entire fourth floor of 49 West 27th Street, between Avenue of the Americas and Broadway. The company inked a five-year lease for 8,700 square feet in the building at a rent in the high $30s per square foot. Read More