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Deals & Dealmakers

Adams leases 15,000 s/f at 48 W37th Street

 Adams & Co.  announced that it has signed two new tenants at 48 West 37th Street

“With beautiful loft features such as exposed columns and ceilings, this building offers the perfect office and showroom space for growing companies,” said David Levy, principal of Adams. “These tenants were attracted to this space as it is in the heart of the transit circle, which provides the ultimate in convenience of transportation.”  

The leases include:

·       Babyfair, Inc, a children’s apparel manufacturing company, has signed an 8,682-square-foot lease that will occupy the entire ninth floor. The space will be used for offices and showrooms.

·       Jomboy, Corp, a leading sports and pop culture new media company, has signed a 6,792-square-foot lease occupying the entire fifteenth floor.

Levy represented the landlord, Forty Eight Thirty Seven Associates in the transactions. Savills represented Jomboy, Corp in the transaction. Asking rent was approximately $45 per square-foot for both leases. 

Located on 37th Street between 5th and 6th Avenues, 48 West 37th Street is an 18-story building built in 1926. It features a unique window configuration; a brand-new cooling tower and multiple floors have brand new bathrooms. 

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