GFP Real Estate, LLC is pleased to announce 11 new rental deals totaling 15,525 square feet on 230 Fifth Ave. , also known as the New York Market Center. The specialty showroom building is New York’s center for the home textile industry, home to more than 140 companies of luxury home fashion accessories. Only 11 showrooms and office space available for rent, the building is now 95% leased.
Jane Juraal SendersDirector of GFP Real Estate, represents the owner, GFP Real Estate in each of the transactions below.
“230 Fifth Ave. is New York City’s premiere fashion and home design showroom destination—and one of the city’s only remaining specialty buildings,” said Goral Cinders, director of GFP Real Estate. “Having seen a number of companies leave the building following the onset of the pandemic, we have seen a wave of rental activity over the past six months, which has filled the building almost completely. Home textile companies understand the value of having their offices and showrooms at the epicenter of the home design and home fashion world.”
- American Citizen Watch Company, The sustainable watch manufacturer that makes any-light watches with eco-drive technology has signed a 1,325-square-foot renovation on the 11th floor. Harvey Richer and David Kaye of GFP Real Estate represented the landlord and tenant in this direct lease.
- Jacmax Industries LLC, A company that produces a full line of home fragrance products, Expressive Scent, has signed an 811-square-foot renovation on the ninth floor. Harvey Richer and David Kaye of GFP Real Estate represented the landlord and tenant in this direct lease.
- Nishat USA Inc. , One of the world’s leading producers of textiles and home décor, has signed a 1,595-square-foot renovation on the sixth floor. Harvey Richer and David Kaye of GFP Real Estate represented the landlord and tenant in this direct lease.
- Continental Textile Company, A commercial fixture and equipment company, signed a 660-square-foot renovation at 10y floor. Harvey Richer and David Kaye of GFP Real Estate represented the landlord and tenant in this direct lease.
- Biddeford Blankets LLC, Company that sells heated blankets, sheets, and mattress toppers, signed a 640-square-foot renovation in 15y floor. Harvey Richer and David Kaye of GFP Real Estate represented the landlord and tenant in this direct lease.
- Bursali USA Inc. , One of the world’s most popular towel and bathrobe producers has signed a lease for 1,611 square feet on the fourth floor. Harvey Richer and David Kaye of GFP Real Estate represented the landlord and tenant in this direct lease.
- Supreme Home Design Company, Sign a lease agreement of 898 square feet on 15y floor. Harvey Richer and David Kaye of GFP Real Estate represented the landlord and tenant in this direct lease.
- Arroya Studio LLC, A dedicated marketing and branding agency offering wholesalers, manufacturers and brand owners a modern approach to the retail market, signed a lease of 1,325 square feet on the 9th floor. Harvey Richer and David Kaye of GFP Real Estate represented the landlord and tenant in this direct lease.
- The Sleepwell Company, Company that provides wholesale bedding and furnishings to major retailers, signed a 1,967-square-foot renovation in 10y floor. Harvey Richer and David Kaye of GFP Real Estate represented the landlord and tenant in this direct lease.
- Veritas Corporation USA, A luxury home fashion company specializing in the production of bedding, bathroom accessories, fabrics and home décor, has signed a 1,995-square-foot renovation in 19y floor. Harvey Richer and David Kaye of GFP Real Estate represented the landlord and tenant in this direct lease.
- Levinsohn Textile Company, Inc. designs and produces categories such as bed linen, table linens, kitchen textiles, and decorative pillows, and they recently signed a license to Wamsutta, Better Homes and Gardens and New York Botanical Garden, and signed a renovation of 2,698 SF on the 17th floor. Like Michael Joseph of Colliers tenant in the deal, While Harvey Richer and David Kaye of GFP Real Estate represented the owner.
Built in 1914 and designed by architectural firm Schwartz & Gross, 230 Fifth Avenue is a 20-story, 465,000-square-foot office building located in the heart of the South Downtown Flatiron District. Acquired by GFP Real Estate in 1958, the building houses more than 140 showrooms that feature a variety of product lines and categories, including home textiles, decor accessories, home furnishings, architectural products, arts, and more.
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