America’s Oldest Hatmaker Renews in Garment District
Danielle Schlanger March 26, 2015, 9 a.m.
The Bollman Hat Company,a designer, manufacturer and distributor of headwear and accessories, has re-signed a portion of its space at 411 Fifth Avenue between East 37th and East 38th Streets.
The 1868 hat company occupies 11,000 square feet, or the entire second floor, of the property, as well as 2,565 on the building’s 10th floor. It re-signed a seven-year lease for the 10th floor space. It uses both floors for offices and showrooms for various brands. The second-floor lease expires in 2022.
Asking rents were $55 per square foot.
David Levy, the principal of Adams & Co., represented the tenant and the landlord, 411 FIfth Avenue Associates, in the deal.
“We’re thrilled that the Bollman Hat Company has renewed its commitment for 411 Fifth Avenue in the heart of the transit triangle,” said Mr. Levy.
The property at 411 Fifth Avenue was built in 1915 and is comprised of 117,000 square feet spread over 11 stories.
Other tenants at the property include Anne Klein Watches, Katherine Stein, Melissa & Doug, Beauty Solutions, Enstar and Adams & Co.