{"id":1004176354,"date":"2017-05-11T06:38:11","date_gmt":"2017-05-11T14:38:11","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004176354"},"modified":"2017-05-11T06:38:11","modified_gmt":"2017-05-11T14:38:11","slug":"ermenegildo-zegna-relocates-in-midtown-manhattan","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/ermenegildo-zegna-relocates-in-midtown-manhattan\/","title":{"rendered":"Ermenegildo Zegna Relocates in Midtown Manhattan"},"content":{"rendered":"

By Corina Stef<\/p>\n

Italian luxury fashion house Ermenegildo Zegna signed a 10-year, 20,132-square-foot lease at SL Green Realty Corp.\u2019s Midtown Manhattan 10 E. 53rd<\/sup> St.<\/a> Zegna will move its corporate offices and showrooms from the Crown Building, located just three blocks away, and will occupy the entire seventh floor and a part of the sixth floor. The owner was represented in-house by David Kaufman, while JLL\u2019s Don Preate acted on behalf of the tenant.<\/p>\n

The 37-floor, Class A, LEED Silver-certified office building comprises 386,849 square feet of office space and 6,000 square feet of retail space, according to Yardi Matrix. The asset went through a $50 million renovation program, featuring a refurbished and expanded lobby, redesigned fa\u00e7ade, rehabilitated plazas with plenty of green space, new windows, elevators and storefronts, enhanced infrastructure, a state-of-the-art security system and side-core floors ranging from 8,400 to 16,400 square feet.<\/p>\n

Located in Manhattan\u2019s Plaza District, the structure is minutes away from Fifth Avenue and has views of Central Park. It also sits next to retailers, restaurants, hotels, landmarks such as the Museum of Modern Art and multiple parking lots. Transportation-wise, six different subway lines are within walking distance. Notable tenants include Swarovski, Financial Services Volunteer Corps., Urban Compass, Bruderman Asset Management and Echo Street Capital Management. SL Green recently signed<\/a> another similar lease at 110 E. 42nd<\/sup> St.<\/p>\n

\u201cWe are proud to welcome Ermenegildo Zegna to our growing roster of world-class tenants, this is yet another endorsement of the success of the building re-positioning as one of the finest boutique office towers in the Plaza District,<\/em>\u201d SL Green Executive Vice President & Director of Leasing Steven Durels said in a prepared statement.<\/p>\n

Images courtesy of SL Green<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

The luxury retailer will occupy 20,132 square feet of office space at SL Green’s 10 E. 53rd St., spreading throughout part of the sixth and the entire seventh floors. JLL brokered the deal.<\/p>\n","protected":false},"author":241,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21784,1600,21742,10,21747],"tags":[32796,35496,34964],"class_list":["post-1004176354","post","type-post","status-publish","format-standard","hentry","category-brokerage","category-new-york","category-latest","category-northeast","category-office","tag-jll","tag-plaza-district-submarket","tag-sl-green-realty-corp"],"acf":[],"yoast_head":"\nErmenegildo Zegna Relocates in Midtown Manhattan - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/ermenegildo-zegna-relocates-in-midtown-manhattan\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ermenegildo Zegna Relocates in Midtown Manhattan\" \/>\n<meta property=\"og:description\" content=\"The luxury retailer will occupy 20,132 square feet of office space at SL Green's 10 E. 53rd St., spreading throughout part of the sixth and the entire seventh floors. 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