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Brokerage
Posted: June 4, 2019
Levy of Adams & Co. inks 9,585 s/f to AS Beauty
Manhattan, NY According to Adams & Co. Real Estate, LLC, AS Beauty, Inc. signed a 9,585 s/f, ten-year lease at 42 West 39th St.
Adams & Co.
David Levy, principal of Adams represented the landlord, 42-52 West 39 Street LLC and also the tenant in the transaction. Asking rent was $49 per s/f.
AS Beauty is expected to take occupancy in July 2019.
“The Garment District continues to attract many top firms in a variety of industries including beauty, fashion, luxury goods and tech given its central location and prime positioning in The Transit Triangle,” said Levy. “42 West 39th St. features a recently renovated lobby and new windows that allow in plenty of natural light creating a comfortable environment for the AS Beauty team.”
A distributor of primarily Korean beauty products, AS Beauty is joint venture between Alan and Joey Shamah, founders of E.I.F Beauty and the Azrak family, founders of American Marketing Enterprises, a leading manufacturing of children’s pajamas and sleepwear.
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