News: Brokerage

Levy of Adams represents landlord in 23,785 s/f lease at 463 Seventh Avenue; Friedman of Adams represents tenant in seven-year lease

Adams & Co. Real Estate, LLC brokered a seven-year, 23,785 s/f lease at 463 Seventh Ave. for Consolidated Childrens Apparel, Inc. a children's apparel and accessory maker. The design house and manufacturer will be using the new spaces for general and executive offices as well as showroom space. David Levy, principal of Adams & Co. represented the landlord, The Arsenal Co., LLC, while Joseph Friedman of Adams & Co. represented the tenant. "463 Seventh Ave. offers low rents for great space in a an extremely well maintained building that houses a diverse portfolio of high-profile fashion tenants, and we are seeing more like-minded companies seeking office and showroom space here," said Levy. The 22-story building, located near Penn Station, has 24/7 access and security in addition to newly-renovated elevators and windows. Notable tenants include Redcats USA, Bernardo Fashions, and G-111 Apparel Group. Retail tenants include Federal Express, Kara New York and Andrew's Coffee Shop. Adams & Co. Real Estate, LLC is among the top five leasing companies in New York City, as measured by total square feet. The full-service real estate firm is responsible for millions of square feet of office space and provides property management, brokerage and consulting services throughout Manhattan by teaming experience with innovation.
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