Plus-size retailer inks plus-size lease at Brookfield tower

OSP Group to take 156,000 sf at One New York Plaza

TRD New York /
Jan.January 05, 2015 08:10 AM

Online apparel retailer OSP Group is moving to Brookfield Properties’ One New York Plaza.

OSP is relocating its headquarters from Midtown to Downtown by signing a 15-year lease at the 2.5 million-square-foot tower, the Wall Street Journal reported. The retailer, which sells plus-size apparel, is consolidating two of their Midtown locations. The two locations take up a total of about 150,000 square feet. At One New York Plaza, the company will occupy 156,000 square feet.

Newmark Grubb Knight Frank’s Brian Goldman and Eric Cagner represented OSP Group.

The Empire State Development and New York City Economic Development Corporation are giving OSP a $1.8 million grant for the creation of 150 new jobs. OSP is investing $20 million in the consolidation of the two offices.

Over the last few years, fashion, media and technology firms have increasingly moved Downtown, an area once dominated by Wall Street firms. Makeup brand Revlon recently moved into the building.[WSJ] — Claire Moses


Related Articles

arrow_forward_ios
Brookfield's Ric Clark and Two Hanson Place in Brooklyn (Credit: Google Maps, iStock)

Brookfield signs energy company to big lease in DoBro

Brookfield signs energy company to big lease in DoBro
The Bronx saw a particularly strong surge in development, including a tower in Brookfield Properties’ Bankside development (Credit: iStock)

City sees highest number of new building permits in years

City sees highest number of new building permits in years
Brookfield's largest-ever $15B property fund has invested in properties from New York (666 Fifth Avenue) to Bangalore (the Leela Palace hotel) (Credit: Brookfield, Getty Images, Leela)

Real estate fundraising hits lowest level since 2013

Real estate fundraising hits lowest level since 2013
Sandeep Mathrani (Credit: iStock)

Sandeep Mathrani is leaving Brookfield

Sandeep Mathrani is leaving Brookfield
Renderings of Brookfield's Bankside in the South Bronx (Credit: ArX Solutions)

This is what Brookfield’s South Bronx megaproject will look like

This is what Brookfield’s South Bronx megaproject will look like
Brookfield's Rick Clark and RFR Realty's Aby Rosen with the Lever House at 390 Park Avenue (Credit: Getty Images and Google Maps)

Aby Rosen makes it two Lever House lawsuits in two weeks

Aby Rosen makes it two Lever House lawsuits in two weeks
Ron Moelis, Ric Clark and 552 Main Street on Roosevelt Island (Credit: Brookfield, L+M, Google Maps)

L+M and Invesco partner to buy 2,800 market-rate apartments

L+M and Invesco partner to buy 2,800 market-rate apartments
Michael Milstein and 335 Madison Avenue (Credit: Google Maps)

Milstein finalizing $750M refi at 335 Madison tech hub

Milstein finalizing $750M refi at 335 Madison tech hub
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...