NEW YORK CITY-Czech bead products and rhinestones importer, Margola Import Corp. has extended its 7,000-square-foot lease for five more years.
By GlobeSt News Hub|December 07, 2010 at 01:01 AM
Thank you for sharing!
Your article was successfully shared with the contacts you provided.
NEW YORK CITY-Czech bead products and rhinestones importer, Margola Import Corp. has extended its 7,000-square-foot lease for five more years. The asking rent for the 18-floor tower located at 48 W. 37th Street between Sixth and Fifth Avenues was $95 per square foot.
Margola has leased the basement, mezzanine and ground floor of the tower for about 30 years. Adams & Co. Real Estate represented both the occupant and the owner, Forty Eight Thirty Seven Associates in the deal. For the full story, go to Crain’s New York Business.
GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.
Want to continue reading? Become a Free ALM Digital Reader.
Once you are an ALM digital member, you’ll receive:
Unlimited access to GlobeSt and other free ALM publications
Access to 15 years of GlobeSt archives
Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
3 free articles* across the ALM subscription network every 30 days
Exclusive discounts on ALM events and publications
*May exclude premium content
Already have an account? Sign In Now
CRE professionals are relying more on data and analytics to drive decision making. Discover how alternative data sets provide a competitive edge on everything from choosing the best location for your next development opportunity to optimizing existing real estate footprints.
Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!
Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
Exclusive discounts on ALM and GlobeSt events.
Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.