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Cushman & Wakefield brokers announces Jones Apparel lease.


Cushman & Wakefield announced today that Jones Apparel Group Jones Apparel Group, Inc., a Fortune 500 company, is a leading designer, marketer and wholesaler of branded apparel, footwear and accessories. The company also markets directly to consumers through our chain of specialty retail and value-based stores, and operates the Barneys New , provider of women's designer clothing, shoes and accessories, has subleased 83,000 s/f from Mass Mutual, on behalf of OppenheimerFunds, at 498 Seventh Ave. in Times Square South.

Jones Apparel Group, the parent of popular brands including Jones New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
, Nine West, and Evan-Picone, will occupy two contiguous floors at 498 Seventh Ave. The company plans to relocate from nearby 463 Seventh Ave.

Located at the southwest corner of 37th Street in Midtown, the building is considered one of the most prominent in the area, and a "Times Square South pioneer," according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

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 Stuart Romanoff, a Cushman & Wakefield executive vice president who represented Mass Mutual in the transaction, along with brokerage professionals Amy Fox Amy Fox is a playwright and screenwriter based in New York. She has penned numerous full-length plays, including Summer Cyclone, Farm Boys, and Nothing Revolutionary,[1] as well as having written a good number of one-acts as well.  and David Rowley, also of Cushman & Wakefield.

The sublease sublease n. the lease of all or a portion of premises by a tenant who has leased the premises from the owner. A sublease may be prohibited by the original lease, or require written permission from the owner. , for the ninth and 10th floors in the building, absorbs the majority of space being marketed by Mass Mutual at 498 Seventh Ave., Mr. Romanoff said. The financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
 firm leased about 120,000 square feet of space following Sept. 11, 2001, which it made available for sublease when it returned Downtown to 2 World Financial Center in 2003. Cushman & Wakefield continues to market two units of 18,000 square feet each, highly improved, fully furnished and in move-in condition.

"If the activity we saw on this block of space is any indication, 498 Seventh continues to be the go-to building in Times Square South for a diverse group of high-end space users," said Mr. Romanoff. "We are very pleased to have represented Mass Mutual in its return downtown, and just as pleased to secure a high quality tenant for its space at 498."

Owned by George Comfort & Sons, 498 Seventh Avenue totals 880,000 square feet. In addition to Jones Apparel Group, tenants include Bates Bates   , Katherine Lee 1859-1929.

American educator and writer best known for her poem "America the Beautiful," written in 1893 and revised in 1904 and 1911.
 Worldwide, Victoria's Secret, Hazen & Sawyer, Modell's and Siemens Capital.
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Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1USA
Date:Mar 3, 2004
Words:307
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