“Green” fashion textile manufacturer Greentex America signs new lease

Manhattan, NY According to GFP Real Estate, LLC, Miami-based textile manufacturer and distributor Greentex America has signed a five-year lease for 4,371 s/f on the 17th floor of 247 West 37th St.

Greentex, owned by Columbia-based Sutex, “specializes in the development and commercialization of fabrics for the fashion industry. The company is focused on ecological fabrics and 0% water digital textile printing services with a goal to become “a benchmark of sustainability in the textile sector, implementing and developing processes with the least possible impact on the environment.”

GFP Real Estate will build new offices, a conference room and a pantry for the company, and will install a new HVAC system and energy efficient LED lighting throughout. Greentex will use the new space for its executive offices and as a showroom to market its products.

Matthew Mandell of GFP Real Estate represented the landlord, GFP Real Estate, in the transaction; Allen Gurevich of GFP Real Estate represented the tenant.

247 West 37th St. was designed by the architectural firm of Gronenberg & Leuchtag and built by the Bricken Construction Company in 1924. The 19-story, 271,000 s/f property has recently undergone significant renovations. 247 West 37th St. is home to an array of non-profit and fashion tenants such as JASA, Workmens Circle, The Settlement Housing Fund and Prabal Gurung. Located in the base of the building is Stitch Bar & Lounge which was voted the best "After Work Bar" in New York City by Citysearch.com.

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