First retail tenant signs at 485 Fifth.PBS PBS in full Public Broadcasting Service Private, nonprofit U.S. corporation of public television stations. PBS provides its member stations, which are supported by public funds and private contributions rather than by commercials, with educational, cultural, Realty Advisors, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control announced that Starbucks has signed a lease agreement for 1,800 s/f of space at 485 Fifth Avenue, a Belfonti Capital Partners property. The lease represents the first retail tenant on the building's roster since Belfonti Capital Partners purchased 485 Fifth Avenue to redevelop into one of the first luxury properties in the heart of Midtown. With an all new glass facade and 17-foot ceilings, the building currently has 10,628 s/f of multi-level available retail space. Located across from Bryant Park Bryant Park is a 9.603 acre (39,000 m²) public park located in the New York City borough of Manhattan. It is bounded by Fifth Avenue, Sixth Avenue, 40th Street and 42nd Street in Midtown Manhattan.[1] The central building of the New York Public Library is in the park. and the New York Public Library New York Public Library, free library supported by private endowments and gifts and by the city and state of New York. It is the one of largest libraries in the world. , neighboring retailers include Sean John Sean John is a clothing line founded by hip-hop mogul Sean Combs A.K.A Diddy,in 1998. The name is taken from Combs' first and middle given names. People representing the brand include Combs himself, rappers T.I. and Coach. PBS Realty principals John Brod and Laura Pomerantz represented Belfonti in the transaction, and continue to market the remaining available retail space. David Firestein of Northwest Atlantic represented Starbucks. "This is an important emerging area in the city, as better retailers are moving south on Fifth Avenue," said Brod. "We are pleased to be working with Belfonti on this project and look forward to helping them build a roster of quality retail tenants for this exceptional property." |
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