A fashion company that owns brands such as London Fog, Mudd and Joe Boxer, has signed a 30,556-square-foot lease at Joseph Moinian’s 1450 Broadway.
The deal for the Iconix Brand Group was announced today by the Moinian Group, which brokered the deal along with Newmark Knight Frank.
Full release after the jump.
MOINIAN GROUP LEASES 30,556 SF AT 1450 BROADWAY
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(New York, NY—November 14, 2007) — The Moinian Group, an owner of more than 20 million square feet of office, residential, retail and hotel properties throughout the U.S. and abroad, signed a 30,556 SF lease for Iconix Brand Group at 1450 Broadway in New York, NY. Daniel Gohari, Vice President & Director of Commercial Assets, made the announcement.
Iconix Brand Group, the owner of a diverse portfolio of fashion brands including Candies, Bongo, Badgley Mischka, Joe Boxer, Rampage, Mudd, Mossimo and many other leading labels, is currently located on the 4th floor of the property. The 30,556 SF new space encompasses the 2nd and 3rd floors of the property.
Brian S. Waterman and Lance S. Korman of Newmark Knight Frank negotiated on behalf of Iconix in the transaction. Mr. Gohari and Moinian Group Senior Director of Leasing John Monaco served as the exclusive in-house leasing team.
1450 Broadway is a 402,000 SF office building situated at the southeast corner of West 41st Street in the heart of the Times Square office district and is convenient to all public transportation and beautiful Bryant Park. Offering 42 stories of unparalleled views and amenities throughout, the Moinian Group has restored this property to its prewar grandeur.
The Moinian Group is widely regarded as one of the industry’s most active development firms, boasting a portfolio totaling more than 20 million square feet of commercial, industrial, residential, retail and hotel properties throughout the U.S. and abroad. Currently, The Moinian Group holds a portfolio of more than 20 million square feet of office, residential, retail and hotel properties throughout the U.S. and abroad, including 13 million square feet in Manhattan. The company has the most extensive private acquisitions in the country, including trophy buildings like the Downtown Club in Lower Manhattan, formerly known as the Downtown Athletic Club and home to the Heisman Trophy, the Sears Tower in Chicago and Continental Towers at 180 Maiden Lane in Downtown Manhattan. Its team of seasoned professionals, hands-on management style and a strategic approach to investment and growth has armed the firm with the tools necessary to take advantage of the unique opportunities available in the real estate marketplace.
