Textile Sales Agency Re-Signs Lease in Garment District
By Danielle Schlanger May 14, 2015 11:17 am
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Paolo Blower International Textile Workshop, a company that offers Italian quality fabrics to American designers, has re-signed its lease at 102 West 38th Street in the Garment District.
The company, which according to office manager Marisa Frasca has been at the space since 1992, signed a lease for 4,698 square feet in a three-year lease renewal. It will continue to occupy the entire ninth floor of the nine-story building constructed in 1906. Asking rents were $41 per square foot.
Jeff Buslik of Adams & Co. represented both the landlord, 38 & 6 Associates, and the tenant in negotiations. Mr. Buslik did not immediately respond to a request for comment.
Ms. Frasca said that the company was satisfied in its current space.
“We want to stay here” Ms. Frasca told Commercial Observer. “Every time the lease is up, there are negotiations that go on again with the building manager and we renegotiate.”
The company also has an office in Prato, Italy.
Other tenants at the building include Nimbo Technologies, Coyle Contracting Corp. and Solaire Generation.
