White House Sofa Designer Renews 23K-SF Lease in Flatiron District
By Liam La Guerre August 25, 2016 1:36 pm
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Furniture designer Ronald Jonas Interiors, which crafted sofas for the Oval Office, has signed an early renewal for its 22,669-square-foot offices at 44 West 18th Street, Commercial Observer has learned.
The company will remain in the entire 16,684-square-foot 10th floor and 5,985 square feet on part of the seventh floor of the 12-story building between Fifth Avenue and Avenue of the Americas, according to Adams & Co.
Ronald Jonas Interiors has a showroom and offices at 44 West 18th Street, which is owned by Forty Four Eighteen Associates. Asking rent in the 10-year deal was $45 per square foot.
“The centrally located building allows for easy access to the finest eco-friendly materials, and is convenient to high-end clients and delivery services,” Adams & Co.’s James Buslik, who represented the tenant and the landlord with colleague Alan Bonett, said in a statement. “Being an upscale furniture provider, the building’s large floor plan was also necessary to accommodate its pieces and can be hard to find in the popular Flatiron District.”
Ronald Jonas Interiors’ furniture has been purchased by various celebrities including Oprah Winfrey, Tom Cruise, Tom Hanks and Charlize Theron.
The company isn’t the lone furniture designer tenant in the building. Ralph Pucci International signed a nearly 50,000-square-foot lease for the entire ninth, 11th and 12th floors, as CO reported two years ago. Other tenants include marketing firm Taboola and data and document management company National Reprographics.
