Levy and Schwartz of Adams & Co. handle 18,324 s/f lease renewal
Adams & Co. Real Estate, LLC brokered an 11-year, 18,324 s/f renewal at 42 West 39th St. for Bluefly, Inc.
David Levy and Jeffrey Schwartz of Adams & Co. Real Estate represented the tenant and the landlord.
"Bluefly Inc.'s headquarters in the Garment District positions them directly among their client base and it has helped them become one of the most successful online retailers in the world," said Levy, principal of Adams & Co. "We are happy that they have decided to renew their lease at 42 West 39th St. and expect to see more great things from them over the next decade."
Built in 1927, the 18-story, 138,788 s/f property boasts a concierge, 24/7 access and is located in the heart of the Garment District. Notable tenants include Perry Ellis International, Bernette Knitwear, Castlewood Apparel, and Wear First, LLC.
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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