The Real Deal New York

1384 Broadway is a 25-story and 225,000 square feet office building in the Garment District, formerly known as the Lefcourt Normandie Building. The Chetrit Group, a landlord and developer, acquired the building in 2006 for $40 million from Helmsley-Spear, a once dominant commercial property firm. Close to both Penn Station to the south and Times Square to the north, the neoclassic tower designed Bark & Djorup has served tenants in the garment business for almost a century. Chetrit invested in upgrades to the infrastructure of the 1920 neoclassic-style building located between 37th and 38th streets. In 2013, Chetrit sued one of the buildings tenants, clothing designer Ruby Azrak. The landlord alleged Azrak abandoned his companys lease at the office space he occupied at the skyscraper between 2006 and 2012. Azrak is the co-founder of Russell Simmons Phat Farm clothing line. ¾-MK