News: Brokerage

Levy of Adams & Co. brokers a 7,117 s/f lease at 10 West 33rd St.

Adams & Co. Real Estate brokered an eight-year, 7,117 s/f expansion at 10 W. 33rd St. for premier accessories company Rosetti Handbags & Accessories Ltd. The new space will serve as additional showroom space for the growing company. New York-based Rosetti Handbags, which was recently purchased by Li and Fung Ltd., creates high-design handbags, luggage, shoes, hosiery and watches for cost-conscious consumers. Products are available at Sears and similar department stores. David Levy of Adams & Co. represented both the tenant and landlord in the transaction. Though details of the lease were undisclosed, asking rents were $44 per s/f. The 13-story property, also known as the Fashion Accessories Center, boasts 24/7 access and newly-renovated elevators and windows. Notable tenants include Steve Madden Accessories, Barganza and Global Design Concepts. Retail tenants include Columbia-Omnicorp and Jim Hanley's Universe "The Fashion Accessories Center, with its eclectic mix of accessories tenants, is a major destination for fashion buyers," said Levy. "Rosetti has been a key anchor for the property and we are thrilled to be able to accommodate their growth."
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Residential real estate consultancy and brokerage firm Nancy Packes, Inc. rebrands as NPI

Manhattan, NY The NYC-based premier residential real estate consultancy and brokerage firm, Nancy Packes Inc., has rebranded as NPI. Helmed by Seth Rosner, most recently the firm’s managing partner and now president, the company has been intricately involved in hundreds of Tri-State new developments and conversions, spearheading the full project life cycle, from assessment/pre-dev.
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