News: Brokerage

Bobrow and Badner of Norman Bobrow & Co. represent Chilewich in 10-year, 11,502 s/f lease

Norman Bobrow,
Norman Bobrow & Company

Manhattan, NY Chilewich, the New York City-based textiles/housewares company founded by Sandy Chilewich and Joe Sultan, has recently opened a new showroom/headquarters in the Flatiron District at 39 West 19th St. between 5th and 6th Ave. where many designers and high tech companies are located.

39 West 19th Street -
Manhattan, NY

The growing company that designs creative, woven textile high-tech tabletop and flooring designs, has taken 11,502 s/f (the entire 11th floor) of the 12-story building owned by the Rosen family. The 1911 building is also home to the London restaurant chain, Burger & Lobster. 

Chilewich, which sells its designs at stores like Crate & Barrel, Bloomingdales, Macy’s and Amazon, is moving to its new location from 44 East 32nd St. (between Madison Ave.and Park Ave. South) where it leased 7,200 s/f on the entire 8th floor and had renewed its lease in 2015.

“Sandy and Joe loved the location which is home to many growing creative companies” said Norman Bobrow & Company’s president Norman Bobrow, who, along with David Badner represented the tenant. 

“The space has blinding sunlight and unobstructed views.  We found them a gem after a lot of hard work.”

Chilewich opened a retail store at 23 East 20th St. (between Broadway and Park Ave.) in November, 2014, also in the Flatiron District.

Ownership was represented by David Koeppel, a principal of Koeppel Rosen LLC, the leasing and managing agent for the Rosen family's New York City portfolio.

MORE FROM Brokerage

REALM, DelShah Capital and A.M. Properties acquire 377,000 s/f CitySpire office condominium

Manhattan, NY REALM, in partnership with DelShah Capital and A.M. Properties, acquired  CitySpire, a 377,000 s/f office condominium comprising 24 floors within the 70-story tower at 156 W 56th St. in Midtown. Adjacent to Central Park with transit access and amenities, CitySpire is a Class A office asset located in one of the city’s most sought-after office corridors.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
Tri-state capital  migrates nationally amid  regulation pressure - by Reese Weaver

Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver

New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,

A fresh start - by Shallini Mehra and Amit Doshi

A fresh start - by Shallini Mehra and Amit Doshi

For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced
The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

July 1, 2025 is the deadline for US banks to begin to adopt Basel III banking standards and July 14, 2025 is the deadline for U.S. banks to adopt ISO 20022 messaging standards. Both will have a significant effect on the banking and commercial real estate (CRE) finance sectors.