Garment District

real estate trends, Sunset Park

There’s been much talk in the past couple months about the city’s push to drive the fashion industry from its long-time home in the Garment District to new, lower-cost space in Sunset Park. The new, $136 million, 200,000-square-foot “Made in NYC Campus” has become synonymous with the shift, but the adjacent Industry City mega-development has been at the forefront since even beforeBelvedere Capital and Jamestown Properties took over in 2013. With tenants such as the Gap, Bauble Bar, and Rag & Bone, they’ve now announced that internationally known jewelry company Alexis Bittar will lease an additional 10,000 square feet (they already have 17,000), and a source tells us that women’s apparel label Clara Sunwoo is leasing 14,000 square feet of space, moving completely from the Garment District. This brings Industry City’s total space leased to fashion companies to 350,000 square feet, more than 200,000 of which is manufacturing space.

Read more

Midtown West, Policy, Sunset Park

Industry City, Design Week, ICFF, Sunset Park, Brooklyn, NYC

At a Manhattan community board meeting Wednesday evening, city officials told garment industry representatives of plans to remove Midtown‘s manufacturing preservation requirement, Crain’s reports. The change to a 1987 zoning rule means that landlords will have the option to rent the formerly set-aside space to commercial office tenants. City officials cited the failure of the preservation effort to meet its goal, highlighted by a reported 83 percent decline the number of garment workers–from 30,000 to 5,100– since it was first implemented. As 6sqft recently reported, the rezoning is seen as “a clear push to drive these businesses toward lower cost space in Sunset Park.”

Find out more

Midtown West, Policy

Image via Wally Gobetz/Flickr CC

Just two weeks after the city announced that they’d spend $136 million to create the “Made in NYC Campus,” a hub in Sunset Park that will provide affordable space for film and fashion companies, it’s come to light that the de Blasio administration has been planning a rezoning of Manhattan’s Garment District. As Crain’s explains, this could potentially roll back rules that require landlords to rent a portion of their buildings to fashion companies, a clear push to drive these businesses toward lower cost space in Sunset Park.

More info ahead

Featured Story

Features, Sunset Park

Industry City, Design Week, ICFF, Sunset Park, Brooklyn, NYC

Photo via Alexandra Ferguson

At its peak in 1950, the city’s garment industry employed 323,669 New Yorkers. By 2000, this number had dropped to 59,049, and in 2015, it was less than half that with just 22,626 residents “making apparel, accessories, and finished textile products,” reports the Times. The struggling trade, long centered in the area bound by 5th/9th Avenues and 35th/41st Streets, has fallen victim not only to national trends of work being shipped overseas, but local issues like rising rents, outdated facilities, and competition from tech and media companies. But thanks to a collaboration between the city and the Council of Fashion Designers of America, a “new, modern garment district” is taking hold in Sunset Park, Brooklyn, where several industrial conversions offer cheaper rents, better equipped real estate, and a creative, collaborative community

Much more on the shift

Featured Story

Design, Features

Making the Cut: Is NYC Still the World’s Fashion Capital?

By Michelle Cohen, Tue, January 13, 2015

NYC fashion

Via j-No via photopin cc

Will 21st century New York City be able to retain its fashion capital status? How does an aspiring fashionista build a brilliant career? The answers come from a winning combination of education, innovation and inspiration, plus financial and media support.

Though styles come and go with dizzying speed and designers fall in and out of favor, New York City has held the title of global fashion capital since the mid 20th century, when it rose to prominence with the unprecedented idea of developing sportswear as fashion. Today’s NYC is home to some of the world’s top fashion schools whose famous graduates add to the city’s fashion culture and networks. Foreign designers choose to live and work here because of this status and creative energy, adding even more to the fabric. We may share this pedestal with quirky London–and trés chic Paris, the brainy Belgians, the stylish Scandinavians and the ascendant Aussies make things more interesting–but NYC is known as the place where style ideas and trends are born and exchanged.

But is NYC still the world’s fashion capital?

Hotels, Manhattan, Midtown West, New Developments

Garment Distict, Manhattan hotels, Midtown hotels, Nobutaka Ashihara

A 22-story limited-service hotel is gearing up to rise in Midtown at 4-6 West 37th Street. According to new building permits filed this past weekend, a 120-key 60,000 square-foot development will go up at the 4,200 square-foot lot situated between Fifth and Sixth Avenues.

Two charming six-story buildings, erected in 1920, will be be demolished for the 210-foot tall project designed by notable hotel designer Nobutaka Ashihara Architects. The firm recently opened the city’s tallest hotel, the Marriott Residence Inn New York Manhattan/Central Park at 1717 Broadway.

FInd out more here

Featured Story

City Living, Features, Neighborhoods, Sunset Park

Industry City, Design Week, ICFF, Sunset Park, Brooklyn, NYC

With plans in place that call for a public waterfront bustling with creative industry and commerce rather than luxury residential developments, Sunset Park is not on its way to becoming the next hip NYC residential neighborhood–and that’s a good thing.

Located on Brooklyn’s western waterfront flank, there are really two sides to Sunset Park. The neighborhood, generally defined as the area between 65th Street, the Prospect Expressway, Eighth Avenue and the East River, has long been a thriving residential community. Sunset Park is also home to about 15 million square feet of warehouse and light industrial space. The key to the neighborhood’s future may be the point at which the two meet.

Find Out How Fashion May Give Sunset Park a Chance to Shine As the New Garment District

SIGN UP FOR OUR NEWSLETTERS

Thank you, your sign-up request was successful!
This email address is already subscribed, thank you!
Please provide a valid email address.
Please complete the CAPTCHA.
Oops. Something went wrong. Please try again later.