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

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
Brookfield's Brian Kingston, REBNY's Jonathan Resnick and Silverstein Properties’ Larry Silverstein (Getty, REBNY, Brookfield)
Manhattan office leasing has busiest month of Covid era
Manhattan office leasing has busiest month of Covid era
Steven Roth, Aby Rosen, and Albert Behler (Illustration by The Real Deal with Getty Images)
Manhattan office leasing has best month since pandemic hit
Manhattan office leasing has best month since pandemic hit
A photo illustration of office buildings in New York City (iStock)
Manhattan offices continue struggle as downtown hits new low
Manhattan offices continue struggle as downtown hits new low
Colliers CEO Jay Hennick and Rockwood managing partner Tyson Skillings (Colliers, Rockwood, iStock)
Colliers acquiring majority stake in Rockwood
Colliers acquiring majority stake in Rockwood
Colliers’ Peter Nicoletti (Colliers, iStock)
Peter Nicoletti sues JLL, alleging retaliation and discrimination
Peter Nicoletti sues JLL, alleging retaliation and discrimination
320 Park Avenue, 100 Park Avenue and 575 Broadway (Loopnet, JLL, SL Green)
Manhattan office availability hits new peak
Manhattan office availability hits new peak
Colliers’ Jay Hennick (Colliers, iStock)
Spike in investment sales pushes Colliers’ quarterly revenue above $1B
Spike in investment sales pushes Colliers’ quarterly revenue above $1B
Manhattan office market records busiest month since start of pandemic
Manhattan office market records busiest month since start of pandemic
Manhattan office market records busiest month since start of pandemic
arrow_forward_ios

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

Loading...