Massive Kent Avenue project lands fashion brand as first tenant

Kith takes 58K sf at Williamsburg’s first ground-up commercial building in decades

New York /
Dec.December 17, 2019 12:59 PM
Kith Founder Ronnie Fieg, and a rendering of 25 Kent Avenue (Credit: Getty Images and Kith)

Kith Founder Ronnie Fieg, and 25 Kent Avenue (Credit: Getty Images and Kith)

The fashion brand Kith has signed a lease for almost 58,000 square feet at 25 Kent Avenue in Williamsburg.

The project was previously pitched as a possible second headquarters for Amazon. Kith will be its first tenant, Bloomberg reported Monday. The building stands eight stories tall and is the first ground-up commercial building developed in Williamsburg in more than 40 years.

About 90 Kith employees will work in the property. The company plans to relocate its headquarters from Soho, according to Bloomberg.

Construction at 25 Kent was completed in July without any commitments from tenants. The building spans 500,000 square feet and was designed for office tenants, but has a component for light manufacturing.

The developers, Rubenstein Partners and Heritage Equity Partners, hope to fill the building by mid-2021, Rubenstein’s director of acquisitions Jeff Fronek told Bloomberg.

“Manufacturing was always viewed as a catalyst for the building,” he said. “A lot of the office users wanted to understand who the manufacturing tenants would be to make sure there was compatibility.” [Bloomberg]Eddie Small


Related Articles

arrow_forward_ios
Heritage Equity Partners' Toby Moskovits and the Williamsburg Hotel at 96 Wythe Avenue (Moskovits via Sasha Maslov; Hotel via Williamsburg Hotel)
Toby Moskovits’ Williamsburg Hotel enters bankruptcy
Toby Moskovits’ Williamsburg Hotel enters bankruptcy
RedSky Principal Benjamin Bernstein and a section of the prooperties along N6th in Williamsburg. (RedSky)
RedSky hands over Williamsburg retail portfolio valued at $145M
RedSky hands over Williamsburg retail portfolio valued at $145M
Miki Naftali of Naftali Group and 470 Kent Avenue (Getty; Google Maps)
Naftali Group files plans for 400-unit towers in Williamsburg
Naftali Group files plans for 400-unit towers in Williamsburg
Lantern Real Estate co-founder Tal Bar-Or and a rendering of the project
Williamsburg building gets $41M bridge loan after Brooklyn Boulders bails
Williamsburg building gets $41M bridge loan after Brooklyn Boulders bails
25 Kent Avenue and Amazon CEO Jeff Bezos (25 Kent; Getty)
Amazon Music is coming to Brooklyn’s office market
Amazon Music is coming to Brooklyn’s office market
From left: 21 Montrose Avenue in Williamsburg, 1480 Amsterdam Avenue and 520 West 136 Street in West Harlem and 208-212 West 141st Street in North Harlem (Google Maps)
Week’s mid-market sales run gamut from $80 to $500 psf
Week’s mid-market sales run gamut from $80 to $500 psf
126 Hancock Street and 85 North 3rd Street (Google Maps, Corcoran)
Bed-Stuy townhouse tops Brooklyn luxury contracts
Bed-Stuy townhouse tops Brooklyn luxury contracts
111 Kent Avenue and Stanley Iezman (Credit: Google Maps)
American Realty Advisors eats $10.7M on Williamsburg sale
American Realty Advisors eats $10.7M on Williamsburg sale
arrow_forward_ios

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

Loading...