Levy and Friedman of Adams & Co. reps. landlord in 6,229 s/f lease
Adams & Co. Real Estate brokered a five-year, 6,229 s/f lease at 48 W. 37th St. for Beeposh, LLC, a children's fashion and accessory company. The company will utilize the space as a showroom and executive offices.
David Levy and Joseph Friedman of Adams & Co. represented the landlord and David Menaged and Jack Senior of Adams & Co. represented the tenant.
"37th St. is located in the center of New York's fashion accessories industry," said Friedman. "This is the best location in New York City for Beeposh."
The 18-story property located in the Transit Triangle boasts 24-7 access and is located near Bryant Park in between three major transportation hubs. Recent renovations include new windows throughout the building. The property's tenant roster includes John B. Murray Architects, ASI System Integration and Ismael Leyva Architects P.C. Retail tenants include Ebi Fashion, Bingo and Margola Imports.
"48 W. 37th St. houses some of the fashion industry's leading accessories companies," said Levy. "We are confident Beeposh will benefit from being located in this high-traffic fashion destination building."
Brooklyn, NY Marcus & Millichap brokered the sale of 733 Dekalb Ave., a fully free-market multifamily and retail property in the Bed-Stuy neighborhood. The asset sold for $2.8 million.
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