Lease Beat

Fashion Accessories Center Draws New Tenant

10 West 33rd Street

Children’s accessories designer and importer H.E.R. Accessories LTD is relocating its office and showroom to Ten West Thirty Third Associates10 West 33rd Street, also known as the Fashion Accessories Center. 

H.E.R. picked the Garment Center building because “the landlord runs a great building for accessory showroom companies,” said the tenant’s broker in the deal, Michael Beyda of Benchmark Properties. Also, H.E.R. liked the “quality of the space,” he added. the company is moving from 15 West 37th Street. Read More

Lease Beat

Fashion Accessories Center Reaches Capacity with Custom Jeweler

The Fashion Accessories Center at 10 West 33rd Street.

L&P Group USA has signed a new eight-year, 7,144-square-foot lease at Adams & Co.’s 10 West 33rd Street, bringing the building to 100 percent occupancy, Commercial Observer has learned.

The building, known as the Fashion Accessories Center, is a natural fit for the custom jewelry maker, which will relocate from its current address at 39 West 32nd Street in the coming weeks. Read More

Lease Beat

Wholesale Distributor Takes Space at 48 West 37

Adams

Marais, a wholesale distributor of ladies handbags and accessories, has signed a 10-year, 5,052-square-foot new lease at 48 West 37th Street.

The company, which asking rent was $39 per square foot, plans to use the space as general and executive offices as well as showroom space for their handbag and accessories company.

“Located in the Read More

Lease Beat

Burger Joint Smashes into Heavy Traffic Zone

Smashburger

Smashburger has signed a 5,432-square-foot new lease for a retail space at 10 West 33rd Street with plans to move in this coming April.

David Levy, principal of Adams & Co., who represented the tenant and the landlord, struck a concurrent deal for 1,385 square feet of contiguous space for a Dunkin Donuts.

“This is Read More

Lease Beat

David Peyser Sportswear Inc. Expands at 1071 AoA

Courtesy of Crain's

David Peyser Sportswear Inc. has renewed its lease at 1071 Avenue of the Americas.

The manufacturer of high-end outerwear and sportswear will add 3,545 square feet on the 8th floor to its 14,000-square-foot occupancy on the 12th floor at Ten Seventy One Associates’ building, spanning a total of 17,545 square feet. The deal comes on the heels of the company’s growth and expansion efforts of its mens outwear brand, WeatherproofRead More

Lease Beat

463 Seventh Avenue Locks in a Fashion Tenant

Comint Leather Goods has renewed its lease at the fully occupied Outerwear Building.

The family owned and operated outerwear manufacturer will continue to call its 6,739-square-foot office at 463 Seventh Avenue home. The term of the lease was not disclosed, but Comint Leather Goods plans to continue to utilize its space for general offices and a showroom for its products. Read More

Lease Beat

The Doneger Group Renews at 463 Seventh Avenue

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The Doneger Group has signed a 13-year renewal for 47,570 square feet on floors two and three at the Outerwear Building at 463 Seventh Avenue, The Commercial Observer has learned.

The tenant, a provider of brand intelligence for the fashion industry, will pay rent starting in the high-$30s per square foot, according to data from CompStak. Landlord Arsenal Company is asking between $38 and $42 per square foot for available space on the eighth, 11th and 13 floors, according to listings with landlord broker Adams & Company. Read More

Lease Beat

Everlast Leases Space at Menswear Building

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Everlast Worldwide is swinging into 42-52 West 39th Street.

The creator of boxing merchandise relocates from its Midtown South offices to the 175,000-square-foot building, known as the Menswear Building, with a 10-year, five-month, 12,582-square-foot leasing of the third floor at the 18-story building.

“They do apparel and sporting goods, which is a clear fit for the building, Read More

Lease Beat

Laser & Skin Surgery Center of New York Inks 6,654-SF Murray Hill Deal

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After a series of breakout deals at 317 East 34th Street, the Laser & Skin Surgery Center of New York has upped its footprint at the property to 32,794 square feet.

David Levy of Adams & Company represented the tenant and landlord, 317 East 34th Street LLC, in the latest transaction, a total 6,654-square-foot deal that includes a 4,547-square-foot new lease and 2,107-square-foot renewal. Read More

Lease Beat

Bernardo Fashions Renews at The Outerwear Building

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Bernardo Fashions has signed a six-year, 11,000-square-foot lease renewal at The Outerwear Building at 463 Seventh Avenue, where landlord Arsenal Company is resisting an influx of creative tenants creeping into the Fashion Corridor from Midtown South, The Commercial Observer has learned.

“A lot of the buildings in the area are staying away from apparel, but Read More

Lease Beat

Gina Group Expands at Fashion Accessories Center

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Gina Group LLC is expanding its presence at 10 West 33rd Street, otherwise known as the Fashion Accessories Center.

The manufacturing, licensing, and distribution company will be taking an additional 3,177 square feet on the third floor and 2,944 square feet on the fourth floor, bringing the company’s total occupation to 31,000 square feet in the building. Read More

Lease Beat

Research Firm Cognolink Inks at 411 Fifth Avenue

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Cognolink has made another connection at 411 Fifth Avenue, a.k.a. The Fashion Accessories Center, where the firm has signed an eight-year, 5,600-square-foot lease, The Commercial Observer has learned.

The research firm, which connects business professionals across various industries, takes the 10th floor in the 11-story building as part of its expansion and relocation from its previous location just around the corner at 35 West 36th Street.

“They liked the neighborhood and they wanted to stay in the same location because it’s convenient to their employees,” said Evan Margolin of Studley, who represented the tenant and was promoted to senior managing director at the firm last summer, adding that the firm doubles its space with the transaction.  “It has a wide open loft-style feel – it’s open, bright and great for a collaborative environment.” Read More

Lease Beat

Kobeyaki Coming to Garment District

Courtesy of NYMag

Kobeyaki will be opening a second location in Midtown.

The recently-opened Japanese restaurant located at 293 Seventh Avenue between 26th and 27th streets will be opening a new location at the base of 110 West 40th Street in the Garment District. The restaurant will span approximately 2,441 square feet. Read More

Lease Beat

Bon Bé Bé Latest Children’s Clothing Companies to Ink at 34 West 33rd Street

34 West 33rd Street

Bon Bé Bé, a division of International Intimate Holdings, Inc., has signed a 10-year lease for 10,157 square feet of office space at 34 West 33rd Street, a building also known as The Childrenswear Center, The Commercial Observer has learned.

The asking rent for the new space was $39 per square foot and occupancy is anticipated for December 2012.

Coldwell Banker Commercial Alliance Principals Richard Selig and Peter Sabesan represented the tenant in the transaction. Read More