Long-term office leases extensions signed at Rosen’s One East 33rd St. and 389 Fifth Ave.

Manhattan, NY According to Koeppel Rosen LLC, the leasing and management agent for the Rosen family portfolio, two long-term office lease extensions have been signed at buildings in its portfolio.

• Capelli Sales, Inc. extended its lease at One East 33^rd St.: Their new lease is for 11 years and 11 months. The company occupies 39,081 s/f at One East 33^rd St., across the 8^th, 9^th and 10^th floors and first moved into 1 East 33^rd St. in August 2002.

• GMA Accessories extended its office lease at 389 Fifth Ave.: The new lease is for 11 years and 11 months. The company occupies 23,698 s/f at 389 Fifth Ave. across the 7^th and 10^th floors and first moved into 389 Fifth in January 2016.

“We’re pleased to announce these two long-term lease extensions,” said Max Koeppel, director of leasing, Koeppel Rosen. “389 Fifth Ave. and One East 33^rd St. are two of the premier boutique properties in our portfolio, and both offer excellent midtown Manhattan locations with solid amenities.”

The tenants were represented by Michael Joseph with Colliers International. Ownership was represented in-house by Koeppel.

Capelli Sales is a leading manufacturer and designer of fashion merchandise, offering both private-label and branded collections for women, men, teens, and children. The company produces a broad assortment of products such as accessories, jewelry, socks and hosiery, shoes, rain gear, loungewear, home décor, and gift items. GMA Accessories is its parent company.

Built in 1922, 389 Fifth Ave. is a 123,195 s/f, 12-story building with office and showroom space on the corner of Fifth Ave. and East 36^th St. The building is fully renovated, featuring windows on three sides and a new lobby and corridors, upgraded elevators, and new restrooms. With an attended lobby, the building is accessible 24/7/365 via a key-card system.

The roster of tenants leasing space at 389 Fifth Ave. includes Bridge Medical and Action Without Borders, aka Idealist, a non-profit service organization. The building is near a variety of mass transit lines and offers proximity to Grand Central Terminal and Penn Station.

Built in 1913, One East 33^rd St. is a 156,324 s/f, 12-story building with office and ground floor retail located in Midtown South off 5^th Ave. The building is near multiple local public transportation options as well as a wide variety of restaurants, bars, galleries, museums, and other nearby attractions including the Empire State Building. Building amenities include 24/7 access, a refurbished lobby, freight and passenger elevators, and Energy Star certification.

Tenants who lease office space at One East 33^rd St. include Q4 Designs, LLC, JEM International USA Inc., Octo Restaurant, and Highland Associates.