Versace Signs Columbus Circle Lease
Lauren Elkies Schram Oct. 28, 2014, 5:10 p.m.
Fashion company Versace USA has inked a deal at 3 Columbus Circle, taking 21,342 square feet on the entire 20th floor, The Wall Street Journal reported.
The asking rents in the SL Green Realty and Moinian Group building, which sits between Eighth Avenue and Broadway and West 57th and West 58th Streets, range from $75 to $85 per square foot, the Journal noted.
Jonathan Schindler and David Mainthow of Cassidy Turley acted for the tenant in the deal and JLL‘s Paul Glickman, Frank Doyle, Mitti Liebersohn, Alexander Chudnoff, Jonathan Fanuzzi, Diana Biasotti and Benjamin Bass represented the landlords. Mr. Glickman didn’t immediately respond to a request for comment and a spokeswoman for Cassidy Turley would only confirm the names of the firm’s brokers on the deal.
The 26-story, 747,416-square-foot former Newsweek building received a $100 million renovation a few years ago which included the addition of a new sleek glass facade, retail storefronts, canopy, full height luminous glass walls, turnstiles, stone flooring and a new bronze-lit accent wall.
The deal was signed on July 2 and Versace is moving in on Nov. 2, according to a spokeswoman for SL Green. Versace will be relocating from 200 Madison Avenue.
Other recent deals in the building were for Benvolio Group, which took 5,789 square feet; Schireson Associates, which leased 3,886 square feet; Lagoda Investment Management, which signed for 3,097 square feet; and MFC Industrial, which took 3,057 square feet.
Major tenants in the building include Bank of America, Chase Bank and Gilder, Gagnon, Howe & Co.
The office building has available approximately 75,000 square feet of office space, according to a release from JLL.