King, Caspi and Korren of Lee & Assocs. NYC lease 29,000 s/f

Manhattan, NY Amiee Lynn, Inc., a New York–based fashion wholesaler offering accessories, apparel and home goods, founded by Steven and Michael Spolansky, has signed a five-year, seven-month lease extension for 29,000 s/f at 366 Fifth Ave. in the Penn Plaza/Garment District.

Woody King, Noah Caspi, and Todd Korren of Lee & Associates NYC represented the tenant. Michael Joseph and Aidan Campbell of Colliers represented the landlord, Joseph P. Day Realty.

As part of the transaction, Amiee Lynn completed a partial relocation within the building and will now occupy the entire 10^th and 11^th floors, respectively. Although the terms of the transaction were not disclosed, the asking rent was $57 per s/f.

Amiee Lynn’s decision to extend its lease was driven by the building’s flexible floor plates and Midtown location, which supports the company’s evolving operational needs. Building ownership also demonstrated significant flexibility in accommodating the tenant’s requirements.

“After more than two decades at 366 Fifth Avenue, this lease extension allows Amiee Lynn to remain in a location that continues to work for the company strategically and operationally,” said Caspi.

“The flexibility of the building and the collaborative approach from ownership, led by Rick Brickell, made it possible to modernize the space while staying anchored in the Penn Plaza District,” said King.