Cohen, Frantz, Waterman and Fanuzzi of NKF lease 28,000 s/f

Ellen Tracy is moving its headquarters to 1400 Broadway, where it will occupy the 32nd and 33rd floors, totaling more than 28,000 s/f, according to Brian Waterman, executive vice president and principal of Newmark Knight Frank, (NKF) the building's managing and leasing agent. Ellen Tracy, which was recently bought by Fashionology Group LLC from Liz Claiborne, Inc., will relocate in the fall from 1441 Broadway. According to Women's Wear Daily, the firm does approximately $100 million in wholesale volume. "This lease is clear confirmation of 1400 Broadway's status as the preeminent fashion and apparel building in the district," said Waterman. "We're proud that this industry leader chose this property, which is now undergoing a massive $81 million in capital improvements." William Cohen and Michael Frantz of Newmark Knight Frank represented the tenant in the lease negotiations. Waterman and Jonathan Fanuzzi of Newmark Knight Frank represented the landlord. 1400 Broadway's improvement program includes a new lobby designed by lobby specialist architects Fifield Piaker Elman, with new entrance doors and canopy, ceiling, lighting, and two concierge desks with 24/7 security. Other renovations include new elevators, restrooms and air-conditioned public corridors, new windows and HVAC systems, and upgrades to all building systems. 1400 Broadway contains 37 stories and more than 900,000 s/f. It offers convenient access to the Long Island Railroad, New Jersey Transit, and Amtrak at Penn Station; the Port Authority Terminal, PATH, Grand Central Terminal and 15 subway lines. The building is owned by 1400 Broadway Associates, L.L.C, a partnership led by Peter Malkin.