NEW YORK, NY – January 6, 2015 – Colliers International has arranged two new Garment District leases at 469 Seventh Avenue, with Nanoosh taking the building’s ground floor retail space, and Severud Associates signing a long-term renewal for its full-floor office space on the 9th floor.
Mediterranean eatery Nanoosh leased 1,700 square feet on a long-term lease, with plans to open in the Spring of 2015. This newest location marks the fourth New York City location, and fifth overall. The restaurant offers a menu for dine-in, take-out, or delivery, serving authentic Mediterranean cuisine, using organic, all natural ingredients.
Severud will continue to occupy its 17,000-square-foot space, taking the entire 9th floor. The structural engineering firm has provided services for such renowned properties as One Bryant Park, the Hugo Boss and Escada flagship store in New York City, the Creative Performing Arts Center in Israel, the Credit Lyonnais Tower, in France, and the Westin Stamford Hotel, in Singapore, among many others.
Most recently Colliers also arranged a long-term renewal at 469 Seventh Avenue, with the Metropolitan Transit Authority continuing to lease the entire 11th and 14th floors, totaling 34,000 square feet.
With these new transactions only the building’s top floors now remain available for lease: the 17,000-square-foot 15th floor; the 17,000-square-foot 16th floor; and the 2,000-square-foot Penthouse, all with 14’ foot ceilings. The 10,000-square-foot roof deck, with stunning views, is also available.
“Space users from all sectors are clamoring for space in the Garment District, which has evolved into a thriving, 24/7 neighborhood with incredible amenities,” said Eric Meyer, a Senior Managing Director with Colliers International Tri-State, who along with Vice Chairman Marty Meyer arranged the lease on behalf of the building ownership. “We continue to speak with several potential tenants about our beautiful tower floors, including catering facilities and event management companies that have expressed a strong interest in the Penthouse and roof deck.”
The building is owned by Eric and Marty Meyer, and Dan Shavolian, of Foremost Real Estate.
Kenji Ota, of Cushman and Wakefield, and Rob Bonocoro of CBRE both represented Nanoosh in the Nanoosh lease. Jim Wenk, of JLL, represented Severud in the renewal.
The 267,000-square-foot 469 Seventh Avenue is set at the southeast corner of West 36th Street, with convenient access to transportation, including Penn Station and the Port Authority Bus Terminal. Additional tenants in the building include small accounting firms, advertising agencies, and administrative offices and meeting rooms for the New York City Police Department’s Manhattan South Traffic Enforcement division.