Atco Properties & Management has completed three lease agreements totaling 12,961 square feet at 555 Fifth Ave., a 20-story, 257,000-square-foot class A office building.
Kiran Gems USA Inc., the world’s largest manufacturer of natural diamonds, has signed the largest of the three leases, spanning 6,360 square feet on the 18th floor. This move is a relocation of its New York headquarters from 50 West 47th Street and will take place in December. Atco was represented by Robert Tunis, Kyle Berlinsky and Joseph Mangiacotti of Colliers and Charles Shamash of Norman Bobrow & Co. Inc. represented Kiran.
Andrew Fabrikant & Sons LLC, a diamond and estate jewelry buyer, signed a renewal for the 2,631 square feet of space it has occupied on the 19th floor since 2007. Kate Goodman handled the leasing negotiations with Andrew Fabrikant in-house.
Apollo Manufacturing Inc., creators and manufacturers of gold and diamond jewelry for both women and men, has doubled its space within the building. They have secured 3,970 square feet with a five-year lease relocating from the eighth to the sixth floor. Apollo Manufacturing originally moved into 555 Fifth Avenue in 2018. Goodman handled the leasing negotiations with Andrew Fabrikant in-house.
“555 Fifth Avenue is located within close proximity to New York’s Diamond District, making it an ideal location for Kiran Gems, Andrew Fabrikant & Sons and Apollo Manufacturing to be situated,” said Kate Hemmerdinger Goodman, co-president of Atco Properties & Management. “We are honored to be a part of these tenants’ journeys – whether longtime leaseholders or new to the building.”
