15 Little West 12th Street
Nothing makes a chilly converted warehouse feel like home better than some trendy furniture. Thus, the neighbors are sure to welcome the arrival of Arhaus Furniture.
This marks the second lease for once troubled 15 Little West 12th, the creation of arty mogul Robert Isabell, who got a hand with the financing from Taconic Investment Partners. The latest lease brings the office and retail portion to 60 percent full.
This is the first New York location for Cleveland-based Arhaus, which has stores as far north as Philadelphia. “It was the perfect meeting of multiple variables,” Colleen Wenke of Taconic told The Commercial Observer. The company was looking for floor loading, column space and high ceilings.
“Regardless of whether it’s a strong market or a weak market” tenants want to be in the meatpacking district, she said.
Robert K. Futterman, Karen Bellantoni and Brandon Singer of Robert K. Futterman & Associates represented the landlord. From the same firm Robert Cohen and Peter Whitenack, along with Jeff Mason of Mason Retail Group, represented the tenant.
Crain’s first had news of the deal.