Avison Young’s New York office arranged a 7,500-square-foot lease renewal for Liba Fabrics, a leading manufacturer, converter and importer of fabrics, on the sixth floor at 132 W. 36th St., also known as the Kaufman Arcade building. The Midtown office space in the Garment District will continue to serve as the company headquarters for Liba Fabrics.
An Avison Young team comprised of Arthur Mirante, principal and Tri-State president, and Dominic Perkaj, associate, represented the tenant in the negotiations. Kaufman Organization’s Sam Stein represented the building ownership.
“There’s still a demand for quality, well-located office space in New York City, even during these uncertain times,” said Mirante. “Liba Fabrics wanted to extend their occupancy at 132 W. 36th St. as the space continues to meet all of the company’s requirements. Avison Young was able to assist our client by negotiating a lease renewal with economically favorable terms.”
Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism.
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