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Luxury retail contractor Michili and fashion designer PatBO They have each signed deals for 7,000 square feet. 126 Fifth Avelearned commercial observer.
The two 10-year leases were asking rents of $65 per square foot. Compass‘ Noah JRepresenting both tenants Michael Yadgard.
Michili – known for designing retail outlets Swarovski And Gucciand build GoogleS First time store In Chelsea – gave the new Flatiron District offices a facelift on the entire ninth floor before they relocated. 160 Varick Street Last week, he said Ellman Realty Advisors‘ Marco Elman., representing the owner 126-8 Fifth Ave with Hiro Tanaka. Michili took the position from the investment firm Brooklyn NY Holdingsmoved to Grace building as if 1114 American Street Elman said last spring.
When PatBO moves into the building between West 17th and West 18th streets before the end of the year, it will design a seventh-floor showroom, Jay said. PatBO has another 5,000 square feet outpost at 65 Green Street And replaces the costume designer Mara Hoffman 126 fifth.
Ellman said both companies “were great additions to the building” and will join a “tenant mix” that includes Ellman Realty Advisors. Video start Vidmob and ground floor retailer Athlete.
Celia Young can be found at cyoung@commercialobserver.com.
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