Koeppel Rosen LLC, leasing and management agent for the Rosen family portfolio, announced major lease extensions at two buildings in its portfolio.
Capelli Sales Inc. extended its lease at One East 33rd St. for 11 years and 11 months. The company currently occupies 39,081 square feet at One East 33rd Street, across the eighth, ninth and 10th floors and first moved into the building in August 2002. GMA Accessories extended its office lease at 389 Fifth Ave., comprising 11 years and 11 months. The company currently occupies 23,698 square feet across the seventh and 10th floors and first moved into 389 Fifth in January 2016.
Capelli Sales is a manufacturer and designer of fashion merchandise, offering both private-label and branded collections for women, men, teens and children. The company produces a broad assortment of products such as accessories, jewelry, socks and hosiery, shoes, rain gear, loungewear, home décor and gift items. GMA Accessories is its parent company.
“We’re pleased to announce these two long-term lease extensions,” said Max Koeppel, director of leasing, Koeppel Rosen LLC. “389 Fifth Avenue and One East 33rd Street are two of the premier boutique properties in our portfolio, and both offer excellent midtown Manhattan locations with solid amenities.”
The tenants were represented by Michael Joseph with Colliers International in their respective transactions. Ownership was represented in-house by Max Koeppel.
