Garment District can still lure tenants

TRD New York /
Mar.March 01, 2012 03:30 PM

Despite the departure of some fashion tenants from the Garment District, the area, which spans Fifth to Ninth avenues from 34th to 42nd streets, has actually gained a number of showroom tenants in the last year, Crain’s reported.

Some are decidedly less than glamorous, such as Lands’ End, a casual clothing line that recently signed on for an additonal 1,900 square feet of showroom space at 530 Seventh Avenue. In fact nine tenants have inked leases at the showroom building at 39th Street.

Affordable rents and central location are what brought tenants, Crain’s said.

“They’re not the Tory Burches or the Theories — they’re a little less cool,” Bob Savitt, the building’s owner, told Crain’s. “But people want to be in the fashion center for its convenience …[companies] are not going to run downtown, unless you’re a huge brand, because it’s not convenient for them.” [Crain’s]

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