Jeweler Relocates to Diamond District
Fabrikant Tara International, a jewelry designer and manufacturer, is taking 7,000 square feet in a lease at 21 West 46th Street, according to EVO Real Estate Group.
The company assumed the space at the beginning of the month, formerly occupied by the Suberi Brothers, which ended its lease early. It’s on the entire third floor of the building between Avenue of the Americas and Fifth Avenue, according to the brokerage. Asking rent in the eight-year deal, which was signed on July 1, was $40 per square foot.
Diana Rau Siegal and Manny Syskrot of EVO represented Fabrikant Tara International, while Harlan Cygielman of Manhattan Realty Advisors represented the Suberi Brothers. Mr. Cygielman could not be immediately reached for comment.
Fabrikant Tara International is currently based about half a mile away at 1430 Broadway between West 39th and West 40th Streets. The company opted to be closer to other jewelry companies, and found a space that suited its operations, according to the brokers.
“Fabrikant-Tara wanted to move back to the jewelry area,” Ms. Rau Siegal said in a statement to Commercial Observer. “The space at 21 West 46th Street was move-in ready because it had been designed for a jewelry operation only 18 months ago, and it included a vault.”
Other tenants in the 75,000-square-foot building include Prince Minerals, AGI Training and WorkHouse NYC.