NEW YORK CITY—August Accessories has renewed its lease for 4,218 sq. ft. on the 11th Floor of the New York Accessories Exchange building, located at 366 Fifth Avenue.
The asking rent for the 7-year renewal was $45 per sq. ft. Richard Mayer Segal represented August Accessories as their exclusive real estate consultant in this transaction. Richard J. Brickell, director of leasing and management at NYAE, represented 366 Fifth Avenue.
August Accessories is a wholesale and design company specializing in hats and accessories. Incorporated in 1994, the company does business under its namesake brands (August Accessories, HEX) as well as licensed brands including Badgley Mischka , Affliction, KR3W, Spitfire, Antihero, Krooked Skateboarding and Real and Thunder. Their product mix includes men’s and women’s hats, caps, belts, scarves, handbags, wallets, backpacks, watches, tech accessories and jewelry.
366 Fifth Avenue contains high exposed slab ceilings, oversized windows and wooden floors throughout that punctuate the loft-style showrooms. The entire building is fully wired with high speed Internet and cable.
Other notable clients in the building include Fossil, Colors In Optics, Erica Lyons, Isaco International Corp. and many more. Currently, there is space available in the building ranging from 400 to 14,000 sq. ft. including the 12th floor penthouse, a nearly 12,000 sq. ft. showroom loft with skylights, a terrace and rooftop access.