A women’s and children’s apparel company has signed a 60,000-square-foot lease at 500 Seventh Avenue.
Golden Touch Imports will take the sixth and seventh floors of the 17-story building, according to the New York Post. The firm will move from its current location at 1410 Broadway.
The building has previously been fought over by its land owner Solil Management, and the building owner, Joseph Chetrit’s Chetrit Group, over non-payment to contractors and elevator violations issued by the city’s Department of Buildings.
The Moinian Group owns the building in partnership with Chetrit. Cushman & Wakefield represented the landlord in the deal, while Savitt Partners represented the tenant.
The building, on the corner of 37th Street, is also home to Touro College’s headquarters, which leases 57,000 square feet in the building. In 2017, another women’s clothing company, E-lo sportswear, vacated the building from its 34,000-square-foot lease. [NYP] — David Jeans