The Real Deal New York

Clothing giant PVH expands to 223K sf at 501 Seventh Avenue

December 04, 2013 11:28AM

501 Seventh Avenue and Mitchell Konsker

501 Seventh Avenue and Mitchell Konsker

Warnaco Group, a subsidiary of PVH Corporation, which owns top fashion brands such as Tommy Hilfiger and Calvin Klein, has renewed and expanded its lease at Empire State Realty Trust’s 501 Seventh Avenue. Warnaco now rents 223,616 square feet at the 18-story tower.

The office building is part of the fledgling real estate investment trust, which was formed earlier this year by Malkin Properties. Tom Durels, chief of property operations and leasing at ESRT, said in a statement that the REIT was “thrilled to have PVH expand and extend its commitment with us, and we look forward to continuing our long-term relationship.”

The REIT was represented by Cushman & Wakefield’s Harry Blair, Sean Kearns and Kelli Mekles, while PVH was represented by Jones Lang LaSalle’s Mitchell Konsker and Matthew Astrachan as well as Cushman’s Steven Bauer, according to the New York Observer. [NYO]Hiten Samtani

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