Estée Lauder inks big expansion on West 23rd St.

In total, the cosmetics company will now occupy 166,000 square feet in the pre-war building

TRD NEW YORK /
Feb.February 11, 2015 08:35 AM

Estée Lauder has inked a lease for an additional 100,000 square feet at 28-40 West 23rd Street.

The cosmetics company’s Aramis and Designer Fragrance division as well as the digital and social media workers will occupy a total of 166,000 square feet with the new addition in the cast-iron building that houses Home Depot on the ground floor, the New York Post reported. The building, which counts AppNexus and BuzzFeed among its tenants, is owned by the Cohen, Roos and Carmel families.

Aramis is currently located on the third floor and will expand into the sixth through ninth floors, according to the newspaper. Asking rents in the building are between $69 and $75 per square foot.

CBRE’s Sacha Zarba and Greg Tosko represented Esteée Lauder. Colliers International’s Andrew Roos represented the building. [NYP, 3rd] — Claire Moses


Related Articles

arrow_forward_ios
Jason Lund (Credit: Colliers, iStock)

Laid off WeWork exec Jason Lund lands at Colliers

Multifamily properties trade in Bridgeport, Toll Brothers buys in White Plains and more Westchester & Fairfield real estate news

Multifamily properties trade in Bridgeport, Toll Brothers buys in White Plains and more Westchester & Fairfield real estate news

Tom Citron

Newmark’s Tom Citron heads to Colliers

Dylan Taylor (Credit: Colorado Concern)

Colliers fires head of real estate services for “improper trading”

From left to right: Advance, Greek Development secure financing for Avenel cold storage facility, West Orange acquires Rock Spring Golf Club, Jersey City advances hotel proposal near Liberty State Park, Multi-use North Hoboken redevelopment moves forward.

New Jersey Cheat Sheet: Englewood mansion takes 75% price cut, Rock Spring Golf Club in West Orange sold for $11.1M… & more

New Jersey Cheat Sheet: Activist investor targets Mack-Cali after $264M Soho Lofts buy, Bergen County developer pleads guilty to fraud… & more

New Jersey Cheat Sheet: Activist investor targets Mack-Cali after $264M Soho Lofts buy, Bergen County developer pleads guilty to fraud… & more

Colliers names co-heads for new capital markets platform

Colliers names co-heads for new capital markets platform

Manhattan office leasing surges in October; nears new record for 2018

Manhattan office leasing surges in October; nears new record for 2018

arrow_forward_ios
Loading...