Zegna to move corporate offices to
SL Green’s 10 East 53rd Street

Clothier is opening a flagship on Fifth Avenue

New York /
May.May 09, 2017 08:33 AM

Italian clothier Ermenegildo Zegna just inked a 10-year lease at SL Green Realty’s 10 East 53rd Street.

Zegna is moving its corporate offices to The Plaza District building, where it plans to take 20,132 square feet across the entire seventh floor and part of the sixth, the New York Post reported. The asking rent was $72 per square foot.

JLL’s Don Preate represented Zegna in the deal, and SL Green was represented in-housed by David Kaufman.

The move comes just as the luxury designer plans to open a new flagship store at the Crown Building at 730 Fifth Avenue. Last year, the company inked a 15-year lease for 9,000 square feet in the building, which is owned by Jeff Sutton’s Wharton Properties and General Growth Properties. The asking rent was reportedly $4,000 per square foot. [NYP]Kathryn Brenzel 


Related Articles

arrow_forward_ios
1552-1560 Broadway and Wharton Properties’ Jeff Sutton (Google Maps)
Investor claims Jeff Sutton cheated him out of millions on Times Square deal
Investor claims Jeff Sutton cheated him out of millions on Times Square deal
Givenchy swaps for Versace at Wharton’s 747 Madison Avenue
Givenchy swaps for Versace at Wharton’s 747 Madison Avenue
Givenchy swaps for Versace at Wharton’s 747 Madison Avenue
1000 Harbor Boulevard and Jeff Sutton (Google Maps)
Jeff Sutton buys Weehawken office for $219M
Jeff Sutton buys Weehawken office for $219M
 Jeff Sutton of Wharton Properties, 25 West 34th Street in NYC (Google Maps)
Jeff Sutton’s Midtown hotel project snags Sonder as first tenant
Jeff Sutton’s Midtown hotel project snags Sonder as first tenant
Buyer scoops up Bronx ice cream site; Jeff Sutton sells in Brooklyn
Buyer scoops up Bronx ice cream site; Jeff Sutton sells in Brooklyn
Buyer scoops up Bronx ice cream site; Jeff Sutton sells in Brooklyn
75 Canal Street West in Mott Haven, 354 Clarkson Avenue in Flatbush, and  69 Downing Street (Google Maps)
Beleaguered taxi kingpin gets $21.7M cash infusion
Beleaguered taxi kingpin gets $21.7M cash infusion
Jeff Sutton and 25 West 34th St. (Wharton Properties, Google Maps)
Jeff Sutton will replace Midtown retail space with hotel
Jeff Sutton will replace Midtown retail space with hotel
Jeff Sutton of Wharton Properties with 103 North Fourth Street. (Google Maps)
Jeff Sutton sells $31M stake in Williamsburg property
Jeff Sutton sells $31M stake in Williamsburg property
arrow_forward_ios

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

Loading...