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
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
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
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
Key Apparel Inc. is set to relocate within the Garment District, brokers said.
The wholesaler and manufacturer of sportswear, currently located at 45 West 34th Street, will over a few avenues to 463 Seventh Avenue. The company will take a 3,852-square-foot office on the sixth floor of Arsenal Company‘s building.
Key Apparel plans to utilize Read More
Handcraft Manufacturing Corporation is set to relocate their headquarters to 34 West 33rd Street in the Garment District.
The kids and adult accessories manufacturer will move from their 5,000-square-foot office in the Fashion Accessories Center at 10 West 33rd Street in favor of an 11,250-square-foot office at 34 West 33rd Street. The building is often Read More
He admits he wants people to know him by his first name, not his last. But broker Jeff Buslik, the son of Adams & Company head James Buslik, is bringing youth and vigor to a brokerage firm (and family) that has been around in New York City for as long as The Helmsley Building. After he joined his dad’s firm in 2003, it took the now-32-year-old just three years to lease over 1 million square feet. Now a director at the firm, Mr. Buslik spoke to The Commercial Observer about Adams & Company’s new development: three exclusive leasing assignments at 5 West 37th Street, 385 Fifth Avenue and 390 Fifth Avenue, totaling 350,000 square feet of space.
Kids Apparel Club Inc. has grabbed a space into the Garment District’s 34 West 33rd Street.
“It’s a quality building dedicated to the Children’s Apparel Industry,” David Levy, a principal at Adams & Co. and the leasing agent for the building, told the Commercial Observer.
The infant and childrens clothing designer will take 5,631 square Read More
The East West Bank will be expanding its New York operations and opening an office at 535 Madison Avenue.
The publicly owned Chinese-American bank will take a 14,375-square-foot space on the 8th floor of Park Tower Realty’s building.
“We have several banks in the building,” said Brain Gell, vice chairman of CBRE and broker for Read More
Wiesner Products Inc. will be housing its new fashion accessory division, AHQ, in a 10,400 square foot space at 10 West 33rd Street.
“The building is the ‘Fashion Accessories Center,’” David Levy, principal at Adams & Co. Real Estate and the exclusive broker on the deal, commented. “They are a fashion accessories company, it was the Read More
David Peyser Sportswear has signed a nearly 24,000-square-foot lease for the entire fifth floor of the Garment Center building 463 Seventh Avenue.
David Peyser did a seven-year deal for the space for rental rates around $35 per square foot.
The lease came after David Peyser acquired the tenant that previously occupied the space, the women’s coat label Junior Gallery, early last month. Read More
Kid’s apparel maker Bentex Group Inc. has reached a deal to renew its lease for 17,000 square feet of space and tack on an additional 6,000 square feet at 34 W. 33rd Street.
The new lease, which was first reported by Crain’s New York, is for 10 years. Asking rent was $39 per square foot. Read More
The Garment District adds another eye-opening deal to its tally of recent leases: Allure Eyewear, a designer and manufacturer of high-end glasses, renewed and expanded at 48 West 37th Street.
The four-year deal is for 8,750 square feet, brokers told the Commercial Observer yesterday. Allure waited for a neighbor’s lease to expire so it could take the entire eighth floor of the 18-story building for combined office and showroom space. Read More
411 Fifth Avenue
Citibank has signed a 15-year renewal at 411 Fifth Avenue, where it has occupied space for 46 years. A branch office will occupy the ground floor and mezzanine, and the bank will also use part of the basement. The building will undergo light renovations, but they won’t affect business. Read More
