Home Furnishings Firms Highlight Office and Retail Deals

NEW YORK CITY-Home furnishings manufacturer CHF Industries Inc. signed a 15-year, 53,494-sf lease renewal on its headquarters space at One Park Ave. The space will house the firm’s corporate offices as well as new expanded showroom. Family Inada Inc. signed for 2,832 sf of retail space at 7 W. 56th St., also known as the Crown Building. The Japanese home furnishings retailer inked a 10-year deal.

CHF will occupy the entire ninth floor of the 20-story, 913,000-sf art deco building in the heart of an area known for its home-furnishings industry presence. The firm also leases approximately 18,000 sf at 475 10th Ave. for its Donna Karan Home Division.

Daniel Horowitz, senior managing director of Studley and the broker who represented CHF, says the company enjoys prominent building signage at the entrance. “It also has the built in equity of being in the same location for the past 15 years and being a familiar destination for its clients–home furnishing buyers from across the country.” Building owner SL Green was represented in-house by Steven Durels, senior vice president and director of leasing, and Amy Schustek, vice president.