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LEASES: Easel Does it for Savitt at Arts Building; RXR Signs Five Tenants at 1330 6th Avenue

Real Estate Weekly // Sep 11, 2013

Adams & Co. Real Estate brokered a 5,420 s/f new lease for Anbau Enterprise, Inc. at 11 East 26th St.James Buslik, principal, represented the landlord, East Twenty Sixth Associates, while JeffreyBuslik represented the tenant. Asking rent was $55 psf. Anbau Enterprises plans to use the space as general and executive offices and will be using a portion as a showroom for the display of model kitchens, baths and other similar architectural designed rooms.


Giscombe Realty Group announced the completion of a lease agreement with Nicole Shops, a ladies clothing store, at 66 West 125th Street, between Lenox and Fifth Avenues. The five-year lease is for 2,400 s/f with a full basement.It is the company’s second store on 125th Street. The other store is located on 324 West 125th Street.Holley Drakefordof Giscombe Realty represented both the landlord, 66 West LLC, and the tenant.

Savitt Partners announced that Hector Rodriguez negotiated three new lease transactions totaling approximately 6,900 s/f at 134 West 26th Street, the Chelsea Arts Building. Rodriguez represented the property owner, President Realty LLC. The average asking rent for office space at office property is $44 psf:

• Neal Beckstedt Studio, an architectural and interior design firm, inked a 2,600 s/f lease. The company is expanding and relocating from its current location at 135 West 26th Street. Alex Cohen of Cushman & Wakefield arranged the five-year transaction on behalf of the tenant.


Original Article: Real Estate Weekly