
Toshiba Nabs More Permanent Space in Garment Center Building
Toshiba has signed a lease for 1,800 square feet of office space on the fourth floor at the 15-story 255 West 36th Street between Seventh and Eighth Avenues, Commercial Observer has learned. The company, which provides business-to-business integrated solutions, signed a six-year deal with an asking rent of $45 per square foot, said Benjamin Stavrach, the in-house director of leasing and property management for landlord Triangle Assets. Toshiba will be moving in a couple of da

Jay Z’s 40/40 Club Shrinks Office Space in Garment District Building
Businessman and rapper Jay Z may have 99 problems but too much office space is no longer one of them. Jay Z is relocating the offices of his 40/40 Club within a Garment Center building, and the new digs are much smaller, Commercial Observer has learned. “They moved in many years back,” said Benjamin Stavrach, the in-house director of leasing and property management for landlord Triangle Assets. “They don’t need so much space.” Mr. Starch negotiated the deal for both sides. Ja