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Brokerage
Posted: February 9, 2015
Levy of Adams & Co. secures 3,985 s/f renewal for Beauty Solutions
Adams & Co. Real Estate, LLC brokered a 3,985 s/f renewal at 411 Fifth Ave. for Beauty Solutions.
David Levy of Adams & Co. represented the tenant and the landlord, 411 Fifth Avenue Associates, in the transaction.
Beauty Solutions will continue to lease their 3,985 s/f space on the eighth floor for another four year term; asking price for the space was $48 per s/f. Beauty Solutions uses this space as general and executive offices for their beauty company.
"411 Fifth Avenue is a fantastic location for Beauty Solutions to continue their success and growth," said Levy. "We are extremely pleased that they chose to renew and expand their space at the building."
Beauty Solutions is a whole-sale cosmetic company that features a number of top brands in the beauty industry.
411 Fifth Ave. is an 11-story, 110,000 s/f building originally designed in 1915 by the renowned New York firm of Warren & Wetmore. The building boasts a tenant roster that includes E. Gluck Corp., Armitron, Bollman Hat Company and Citibank.
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