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Deals & Dealmakers

Vince Camuto Group consolidates at 1407 Broadway

CBRE Group announced that VCS Group (Vince Camuto) signed a new lease at 1407 Broadway for 42,748 s/f.

The firm is consolidating at the building from two Midtown locations, 148 West 37th Street and 141 West 36th Street.

PETER TURCHIN

CBRE’s Peter Turchin, Gregg Rothkin, Brett Shannon, Ben Fastenberg, Keith Caggiano and Ross Zimbalist represented owner Shorenstein Properties.

“VCS was looking to consolidate its operations onto a large, single floor to facilitate collaboration among colleagues,” said Turchin. “They were attracted by the building’s loft-like feel and incredible sightlines. This deal underscores the desirability of big, efficient floor plates and 1407 Broadway’s ability to attract high-quality, global brands and companies.”

The building is finalizing a $30 million renovation that includes a new lobby, upgrades to the façade and elevators, and new retail tenants Mighty Quinn’s, Wichcraft, Dig Inn, Num Pang, Juice Generation, Gregory’s Coffee and Luke’s Lobster.

VCS will occupy for of the third floor for 10 years, and will move inthe spring of 2018. They were represented by Jeffrey Rosenblatt of Coldwell Banker Commercial Advisors.

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