Brause Realty is reporting leasing traction at 320 Fifth
Avenue where the company has been focused on increasing safety and distance
protocols.
Steven Westreich’s Westbridge Realty has leased two
contiguous offices comprising approximately 1,900 s/f at the 11-story office
building located between 32nd and 33rd Streets.
Brause Realty Inc. was represented by Jonata Dayan, executive vice president, and Brett Weiss, senior associate of HSP Real Estate Group. Westbridge, which is relocating from 152 Madison Avenue, was represented by Todd Hershman and Liam O’Neil from Newmark.
“It says a lot that a preeminent real estate firm chose to
relocate its offices here,” said Dayan. “The space was in very good condition
and Brause Realty has gone above and beyond basic standards to make this
building attractive to new and existing tenants, especially now with the
current pandemic protocols.”
Brause also signed a renewal with fashion accessories group,
Signal Brands, a 25-year tenant that had expanded into an additional 974 s/f
space last year and has now signed a longer term.
In addition, luxury luggage brand BRIC’S renewed the lease
for its 2,204 s/f office and Yellowstone Imports, a handbag manufacturer and
importer, renewed its 1,000 s/f space.
Gerard Nocera, managing partner, HSP Real Estate Group, the
exclusive leasing and management agent for the property, said, “Ownership
consistently considers our recommendations by choosing the best solutions to
protect their tenants. As a result, new businesses are moving here and existing
tenants feel safe enough to renew their leases and even expand.”
In addition to the
building’s large operable windows and air conditioning units featuring MERV 13
filters, Brause Realty has installed self-cleaning elevator buttons with
NanoSeptic technology that provides 24/7 surface cleaning and oxidizes organic
contaminant. The building is also
offering complimentary bike storage to tenants.
The building is home to tenants from a wide variety of
industries, including technology, engineering fashion, furniture, advertising,
media and Internet-based companies.
