News: Brokerage

GFP Real Estate signs two leases totaling 4,130 s/f at 209 W. 38th St.

Manhattan, NY GFP Real Estate, LLC has signed two new leases totaling 4,130 s/f at 209 West 38th St. in Midtown South.

In the first transaction, apparel company Fastlane Group Inc., signed a new seven-year lease for 3,320 s/f of showroom and office space on the ninth floor of the building. 

Mathew Mandell of GFP Real Estate represented the landlord in the transaction; Evan Lieberman of Resolution Real Estate Partners represented the tenant. 

In the second transaction, family-owned fine jeweler J Patch Designs by Karen, which offers “handcrafted pieces that embody the spirit of New York City,” signed a new short-term lease for 810 square feet of showroom and general office space on the fifth floor of the building.

Mandell of GFP Real Estate represented the landlord and the tenant in the direct transaction. 

Built in 1910 under the supervision of the architect Frank J. Helmle, 209 West 38th Street is a 12-story, 160,000 s/f office building that is home to several fashion tenants, while the base of the building features Ben's Kosher Delicatessen. Located in the Garment District, the building is close to many subway lines as well as a variety of amenities.

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