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Adams & Co. Fashions Nearly 9,000 s/f Lease For Leading Outerwear Company

NEW YORK, September 7, 2007 – Adams & Co. Real Estate recently brokered a 10-year, 8,763-square-foot lease at 463 Seventh Ave. for I. Spiewak & Sons Inc., a premier outerwear company. The space will be used for general and executive offices and showroom purposes. Founded in 1904, I. Spiewak & Sons manufactures fashion outerwear and uniforms. This fourth-generation family business specializes in contemporary coats and jackets. Spiewak products are sold nationally in Barneys New York and Nordstrom stores. David Levy of Adams & Co. represented both the landlord while Michael Burgio of Cushman & Wakefield Inc. represented the tenant in the transaction. Although details of the lease were undisclosed, the asking price for the space was $44 per square foot. The 22-story building, located just blocks from Penn Station, boasts 24/7 access and security in addition to newly-renovated elevators and windows. Notable tenants include Nordstrom, Bernardo Fashions, and Henry Dongeger Associates. “We are pleased we could find this ideal space for I. Spiewak & Sons,” said Levy. “The Fashion District is the perfect location for this fantastic fashion company.”
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