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11/30/2003
Levy, Menaged of Adams & Co. Negotiates 9,000 s/f For Two Deals at 1412 Broadway



New York, NY – According to David Levy, a principal of Adams & Co., and David Menaged (associate director), the firm inked two leases at 1412 Broadway. Two Fashion tenants took space 9,000 s/f of office and showroom space. In the first transaction, La Rose Inc., which already occupies 2,582 s/f in the building, leased an additional 5,200 s/f. La Rose signed a five-year lease on the 15th floor. The asking price was $34.50. In the second deal, Y&Q International signed a five-year lease for 3,856 s/f of office space in the seventh floor. Y&Q Int’l will use the space for general and executive offices, as well as for design and showroom space. The asking price was $34.50 per s/f. MichaelL Franz of Newmark & Co. Real Estate, Inc. represented the landlord in both the transactions.
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