Lansco team completes leasing at swanky 135,000 s/f Astor building.

FIG & OLIVE, a Mediterranean restaurant devoted to including olive oil in almost every dish, has leased 5,000 s/f of ground floor retail space at 416 West 13th Street in the Meatpacking District--just one block from Gansevoort Plaza--for its second New York City restaurant.

According to Roger Eulau, senior director, and Matt Cohen, director, at The Lansco Corporation, the transaction completes leasing at the swanky 135,000 s/f retail and office building, where they are the exclusive leasing agents. Barry Sanet of Sierra Realty represented FIG & OLIVE in the lease transaction.

"We were able to lease out the entire building to an array of prominent and sophisticated tenants in just under three years," said Eulau. "There is always high demand for quality space in the Meatpacking District, and in turn, it is where some of the most prominent labels and companies in the world establish their prestigious boutiques."

Added Cohen, "The Meatpacking District is like SoHo was 10-15 years ago, with its many height and landmark restrictions, only it has more limited space, making it even more desirable and driving rents higher. It is the neighborhood for luxury brands and labels."

All together, Eulau and Cohen have leased 60,000 s/f in the building where retail asking rents run from $85 to $100 per square foot and office rents run from $40 to $50 per square foot.

The building's tenants include the following:

The iconic Parisian restaurant, Buddha Bar, which leased 20,000 s/f of office and lavish courtyard retail space for its first ever New York City establishment, which was designed by Didi Pei, son of I.M. Pei, and Stephane Dupoux. Jeffrey Nissani at JSN Properties represented Buddha Bar;

Michael Angelo's renowned Wonderland Beauty Parlor, one of the first ever beauty salons in the Meatpacking District, leased 2,200 s/f of retail space. Eulau and Cohen also represented the tenant in the transaction;

B8 Couture, a funky purple-and-black boutique, which carries European men and women's designs by J. Lindeberg, Julien MacDonald, Stella Cadente, leased 1,500 square feet of ground floor retail space with basement. Eulau and Cohen also represented the tenant in the transaction;

Fashion icon, Theory, leased 11,000 square feet of office space. Eulau and Cohen also represented the tenant in the transaction;

Fabrizio Ferri's Industria Superstudio Group, creative photography and events studio, leased 500 s/f of office and studio space. Eulau and Cohen also represented the tenant in the transaction.

Neal Street Productions, a UK independent film and theater production company, leased 1,600 square feet of office space for its first ever US location. Susan Penzner and Nathan Stange of Susan Penzner Real Estate represented the tenant in the transaction;

Asian-inspired mega-restaurant, China Grill, leased 1,300s/f of office space. Eulau and Cohen also represented the tenant in the transaction;

Fashion photographer, Kelly Klein, leased 2,700 s/ f of office space. Susan Penzner and Nathan Stange of Susan Penzner Real Estate represented the tenant in the transaction;

Seamless Showrooms, a showroom featuring designs from Michelle Jonas and Fighting Eel, among others, leased 1,200 s/f of office space. Lisa Giordano of Vintage Property represented the tenant in the transaction;

Coen + Partners, a nationally regarded landscape architect, leased 1,000 s/f of office space. Eulau and Cohen also represented the tenant in the transaction;

Creative Exchange Agency, a public relations firm that represents stylists, editors and photographers, including David LaChapelle, leased 2,200 s/f of office space. Eulau and Cohen also represented the tenant in the transaction.

Arium, a unique tea and hair salon, leased 3,500 s/f of office and retail space. Eulau and Cohen also represented the tenant in the transaction;

John Jacob Astor, the patriarch of the Astor family dynasty and America's first millionaire of record, built the building at 416 West 13th Street in 1902 as the Colliers Publishing House. The building features 40,000 square feet of ground floor retail space and 95,000 square feet of commercial office space on four floors including the lower level. The building is just a block away is the new Standard Hotel and the High Line, which is undergoing a major restoration with a park and office and retail developments. Neighboring retailers include Stella McCartney, Alexandra McQueen, Tracy Reese, Spice Market, Pastis and the Hotel Gansevoort.