Monday, November 30, 2009

Sierra in the News

Crain's New York Business reporter Amanda Fung has an interesting story about artists moving to Midtown and Midtown South as asking rents in SoHo and Chelsea become too expensive. She quotes our own Peter Braus:

“SoHo has been dead for a long time for gallery business,” says Mr. Braus, who just this month helped contemporary art gallery John Szoke Editions move to APF Properties' 24 W. 57th St. after 30 years in SoHo.

And the New York Real Estate Journal mentions Peter Braus and Peter Levitan new long term retail lease at Penn Tower, 132 West 31st St., with Savvy Fashion Handbags.

"Penn Tower is the ideal location for Savvy Fashion Handbags," said Braus. "The company has both retail and wholesale divisions, so it is fitting for them to be steps from both Herald Sq. and the Garment District."

Sierra represented the owner, C&K Properties.

Thanks to Crain's and to New York Real Estate Journal!

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