Children’s book publisher Lee & Low Books, has signed a new, 5,844-square-foot office lease at 381 Park Avenue South, announced ATCO Properties & Management, while Goldstein, Rikon, Rikon & Levi PC and Forefront Communications have renewed their leases at the building.
Founded in 1991 by Chinese Americans Philip Lee and Thomas Low, Lee & Low Books is the largest multicultural children’s book publisher in the United States. The family-run and minority-owned independent publishing company with a mission of “about everyone – for everyone,” works to actively address the lack of diversity in children’s books in the marketplace and makes a special effort to work with unpublished authors of color. As part of the three-year lease, Lee & Low Books will relocate from 95 Madison Ave. and occupy part of the 14th floor at 381 Park Avenue South in the second quarter of 2024.
Goldstein, Rikon, Rikon & Levi’s roots trace back to 1923 when Samuel and Nathan Goldstein founded a law firm focused on aggressively protecting the constitutional rights of people whose property had been forcibly acquired by condemnation or eminent domain. The boutique law firm, which today represents the merger of three top firms in this practice area, has signed a five-year renewal for the 4,409-square-foot space it has occupied on the ninth floor of the property since 2014.
Founded in 2016, Forefront Communications is a “part PR, part content, part digital marketing, part creative” firm that specializes in fintech and capital markets clients. The agency completed a three-year renewal for the 1,824-square-foot space on the seventh floor that it has occupied since 2019.
“We are pleased to welcome independent children’s book publisher Lee & Low Books to 381 Park Avenue South and appreciative that leading eminent domain law firm, Goldstein, Rikon, Rikon & Levi PC and strategic communications agency, Forefront Communications, have chosen the property again,” said Kate Hemmerdinger Goodman, co-president at ATCO Properties & Management. “Our ability to provide tenants with high-quality space and exceptional service make the building an attractive destination for companies seeking a home in the desirable Flatiron District.”
Robert Tunis, Kyle Berlinsky and Joseph Mangiacotti of Colliers represented building ownership in the Lee & Low Books and Goldstein, Rikon, Rikon, & Levi, PC transactions. Kate Hemmerdinger-Goodman represented building ownership in the Forefront Communications lease. On the tenant side, David Kahane of DAK Commercial Realty LLC represented Goldstein, Rikon, Rikon, & Levi PC. The asking rent for all three deals was $62 per square foot.
