Accounting Firm Inks Space in Garment District

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Accounting and advisory firm WilkinGuttenplan is moving its offices four blocks north to 499 Seventh Avenue in the Garment District, Commercial Observer has learned. 

SEE ALSO: Trio of Tenants Sign New Deals at 530 Seventh Avenue

The firm signed a 10-year lease for 4,800 square feet in the property’s south tower, according to information from landlord Savitt Partners. Asking rents are at $55 per square foot in the south tower and $59 per square foot in the north tower. 

The firm, which is based in East Brunswick, N.J., will move its Manhattan offices from the fifth floor of 2 Penn Plaza to its new digs, located between West 36th and West 37th Streets, next month, according to a Savitt spokesperson. 

The company was looking to maintain a location with convenient access to Penn Station, according to Brian Neugeboren at Savitt. 

“499 Seventh Avenue was ideal as it provided the firm with its own full-floor identity in a modern buildout with exposed ceilings, a mix of partner offices, open areas, high-end pantry and new restrooms,” Neugeboren said in prepared remarks.  

The firm is moving into space previously occupied by garment maker August Silk, the spokesperson said. The 25-story Art Deco property offers full floors ranging in size from 3,000 to 8,000 square feet. 

Savitt was represented in-house by Neugeboren and Elliot Zelinger. Lisa Ann Pollakowski and Richard Plehn of Lee & Associates represented WilkinGuttenplan. 

Pollakowski did not respond to a request for comment.