Manhattan, NY Adams & Co. Real Estate has signed a 21,184 s/f lease for Core Home, a houseware brand retailer, at 42 West 39th St. The lease was inked for the entire fourth and fifth floors and will act as the company’s corporate headquarters. Core Home is one of the fastest growing brands in the housewares industry and manufactures products used for food prep, serving, storage and hydration.
David Levy and Brett Maslin of Adams & Co. represented the landlord, 42-52 West 39th Street LLC, while Michael Beyda of Benchmark Properties represented the tenant in the transaction. The asking rent was $44 per s/f.
“Core Home recognized that the Transit Triangle’s convenient, central location continued to be the ideal place for its headquarters; the neighborhood is easily accessible for Core Home’s employees and its brand’s retailers. Additionally, with 42 West 39th St.’s renovated lobby and large new windows, the property capitalizes on its modern aesthetic and updated building systems to capture and retain large, well-known tenants like Core Home, Bluefly and Castlewood Apparel,” said Levy, a principal of Adams & Co.
Built in 1927, 42 West 39th St., is an 18-story, 157,748 s/f commercial office building. The property sits between Fifth and Sixth Aves. and offers tenants a concierge service and 24/7 building access. Tenants at the property include Spanx, Inc., Magnusson Architectural and Planning P.C., Fragments Holdings, Bluefly.com, Wear First LLC and Castlewood Apparel. Located one block from Bryant Park, 42 West 39th St. is easily accessible by Grand Central Station, Penn Station, the Port Authority, the B, D, F, M trains at the 42nd Street-Bryant Park subway station and by the N, Q, R, W trains at the 42nd St.-Times Square subway station.