News: Brokerage

Zimmerman and Udis of ABS arrange four leases totaling 19,416 s/f

Manhattan, NY Full-service commercial real estate firm ABS Partners Real Estate, LLC., secured four deals totaling 19,416 s/f on West 36th and West 38th Sts. The transactions were completed across three buildings, including 21 West 38th St., which was brought to full occupancy by the ABS’s Ron Zimmerman and Andy Udis. The leases ABS secured include: 19-21 West 36th Street: J and H Creations signed a five-year, 5,200 s/f lease for the entire third floor of the building. The wholesale jewelry manufacturer will occupy the space beginning in October 2015. Zimmerman and Udis represented the landlord, 19 West 36th Street Holdings Corp., while Joe McLaughlin of Capstone Realty Advisors represented the tenant. 19-21 West 36th Street: ADG LLC. signed a five-year, 5,200-square-foot lease for the entire second floor of the building.  The company, which designs and manufactures accessories for fast fashion retailers, will occupy the space beginning in September 2015.   Zimmerman and Udis represented the landlord, 19 West 36th Street Holdings Corp., while Katarina Sundqvist of Brickhouse Real Estate, LLC. represented the tenant. 60-64 West 38th Street: Universal Processing, LLC. signed a seven-year, 4,551-sqaure-foot lease for the entire second floor of the building. The financial services company will occupy the space beginning in October of 2015. Zimmerman and Udis represented the landlord, Heskel’s West 38th Street Corp., the transaction while Jonathan Cohen and Robert Finkelstein, also of ABS Partners, represented the tenant. 21 West 38th Street: Greenman-Pedersen signed a 4,465-square-foot lease for the entire sixth floor of the building. The engineering and construction services firm will occupy the space beginning in September 2015, marking the first Manhattan location for the Long Island-based company. Zimmerman and Udis represented the landlord, Brause Realty, in the transaction, while Howard Fiddle and Evan Fiddle of CBRE represented the tenant. The three side-street buildings range from six to 17 stories high and are located between Fifth and Sixth Avenues in the heart of the Garment District. The buildings are ideally located within walking distance of Bryant Park, Grand Central Terminal, Penn Station and the Port Authority Bus Terminal.
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