Swimwear Designer Inks at 1441 Broadway
Michael Ewing Aug. 31, 2012, 3 p.m.
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 a decade ago when Mainstream Swimsuits and its sister company, A&H Sportswear, sued the lingerie and womenswear retailer for trademark infringement on the name “miracle.” The court case concluded and awarded A&H Sportswear and Mainstream Swimsuits more than $1,200,000 in damages and a portion of future royalties.
Mainstream Swimsuits has operated out of another office in the district but will be relocating in the coming months in effort of their broker, Richard Selig of Coldwell Banker. Richard Doolittle, a senior executive managing director of Murray Hill Properties, represented the owners, L.H. Charney & Associates, as the building’s first exclusive leasing agent.
The asking rent for the building hovers in the mid $40s with this deal asking $45 per square foot.
The 38-story, 550,000-square-foot building was designed and constructed by Buchman & Kahn in the late 1920s. The building has several names including the Bricken Textile Building and the W.T. Grant Building and has maintained high-profile tenants such as Office Depot, Tommy Hilfiger, Buffalo Jeans, Jones of New York, and the headquarters of Liz Clairborne, Inc.