Zateks Textiles Inc. Leases 1700 SQFT Commercial Space In New York

209 W 38th St, New York, NY, 10018 is a commercial property that encompasses 1,700 square feet. The asking rent for the space was $45 per square foot. The market for this property is New York.

Summary of transaction details:

• Property Type: Commercial
• Transaction Amount: $45 psf
• Landlord: GFP Real Estate
• Tenant: Zateks Textiles Inc.
• Landlord's Representative: Matthew Mandell-GFP Real Estate
• Tenant's Representatives: Evan Lieberman-HSP Real Estate Group, Michael Dylan-Inceptum Inc.
• Lease Term: 3 years
• Previous Location: 255 West 36th Street
• New Location: 209 West 38th Street

The transaction involved Turkish textile designer Zateks Textiles Inc., which is expanding its New York division. The relocation was part of a broader trend where fashion-based companies continue to pursue opportunities in the Garment District, despite market uncertainties. The transition from the previous location was completed in just three weeks.