W&H Properties Snags New Office Tenants

[IMGCAP(1)]NEW YORK CITY-In markets across the country, we have seen offices leases slow considerably in the today’s current climate; however Manhattan’s office leasing market remains strong. W&H Properties has been busy this week with signing more than 45,000 sf in properties throughout the area.

Manhattan-based Excelled Leather/Reilly Olmes, a leather and fabric outerwear manufacturer has leased 15,000 sf at W&H Properties’ 1400 Broadway, to combine several locations into one modern design, office and showroom space. Funaro & Co., which is relocating from One Penn Plaza, leased the entire 41st floor of 20,008 sf, at W&H’s Empire State Building. Goldin Associates LLC, leased 10,577 sf there on the 18th floor.

[IMGCAP(2)]Excelled Leather/Reilly Olmes will occupy the entire 31st floor. According to W&H Properties’ website, asking rent at 1400 Broadway is between $50 per sf and $58 per sf. Philip Proetto of locally based Colliers ABR Inc. represented Excelled Leather and the Reilly Olmes Brand in the transaction. The landlord was represented by Newmark Knight Frank.