GFP Real Estate, LLC is pleased to announce that Miami-based textile manufacturer and distributor Greentex America has signed a five-year lease for 4,371 square feet on 17Th Floor 247 West 37Th Street.
Owned by Columbia-based Sutex, Greentex is “focused on developing and trading fabrics for the fashion industry. The company is focused on eco-fabrics and 0% water digital textile printing services with the aim of “a measure of sustainability in the textile sector, implementing and developing processes that have a minimal impact on the environment”.
GFP Real Estate will build new offices, a conference room and warehouse for the company, and install a new HVAC system and energy-efficient LED lighting throughout. Greentex will use the new space for its executive offices and as a showroom to market its products.
Matthew Mandel GFP Real Estate represented the landlord, GFP Real Estate, in the transaction; Alan Gurevich GFP Real Estate represented the tenant.
247 West 37th Street was designed by the architectural firm of Gronenberg & Luchttag and built by the Bricken Construction Company in 1924 and was originally called the Bricken Center Building. The 19-story, 271,000-square-foot property has recently undergone extensive renovations and features state-of-the-art elevators and a newly renovated lobby. 247 West 37thTh Street is home to several non-profit and fashion tenants such as JASA, Workmens Circle, The Settlement Housing Fund and renowned designer Prabal Gurang. Stitch Bar & Lounge, located at the bottom of the building, was voted the best “after-work bar” in New York City by Citysearch.com. Located in the heart of the historic Garment District, the building allows for a convenient walk to any destination, and several transit options are blocks away, providing hassle-free transportation to or from the building.