News: Brokerage

James Buslik and Jeff Buslik of Adams & Co. broker 9,316 s/f at 231 West 39th Street

James Buslik, Adams & Co. James Buslik, Adams & Co.
New York, NY Adams & Co. Real Estate, LLC, one of Manhattan’s premier full-service real estate firms specializing in property management, brokerage and consulting services, brokered eight deals totaling 9,316 /f at the Contemporary Fashion Showroom Building, located in the Garment District. James Buslik and Jeff Buslik of Adams & Co. represented the landlord, 231/249 West 39 Street Associates, as well as the tenants in the following transactions: • A 1,563 s/f new lease for Bella Lux. The tenant plans to use the space as an office and showroom for the sale of contemporary apparel at wholesale. • A 1,478 s/f renewal for Mira Design Corp. Mira Design Corp plans to use the space as a showroom and office for the sale of women’s apparel, fashion accessories and related small items. • A 1,375 s/f renewal for Synergy Showroom. The company plans to use the space as an office and showroom for the sale of contemporary apparel. • A 1,100 s/f renewal for The Asmar Group Showroom. The tenant plans to use the space as an office and showroom for the sale of contemporary apparel. • A 1,100 s/f new lease for Nally & Millie. The tenant plans to use the space as an office and showroom. • A 900 s/f expansion for Stephanie Newmark, adding to the existing 5,441 s/f space. Stephanie Newmark plans to use the space for the sale of contemporary apparel at wholesale. • A 900 s/f renewal for Sweet Romeo LLC. Sweet Romeo intends to use the space for an office and showroom for the sale of contemporary apparel. • A 900 s/f new lease for BIB Enterprises Inc. The tenant will use the space as an office and  showroom for the sale of contemporary apparel at wholesale. 231 West 39th St. was built in 1908. The 12-story property, known as the Contemporary Fashion Showroom Building, is the home of over 100 fashion showrooms and over 400 different fashion lines. Notable tenants and fashion lines include Hardtail, Hudson Jeans, Shoshanna, Milly, Autumn Cashmere and Joe’s Jeans.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Strategic pause - by Shallini Mehra and Chirag Doshi

Strategic pause - by Shallini Mehra and Chirag Doshi

Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent
Tri-state capital  migrates nationally amid  regulation pressure - by Reese Weaver

Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver

New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,

A fresh start - by Shallini Mehra and Amit Doshi

A fresh start - by Shallini Mehra and Amit Doshi

For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced
AI comes to public relations, but be cautious, experts say - by Harry Zlokower

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,