Marx Realty Signs Lease To Mansour Bringing 201 East 57th Street To 100% Occupancy

Mansour Fine Rugs has inked a 10 year deal with Marx Realty, a division of Merchants’ National Properties, for the entire 4th floor of 201 East 57th Street — bringing the building to full occupancy.

“Mansour is one of the world’s leading purveyors of fine rugs and carpets” according to Marx Realty’s VP of Leasing, Henry Henderson.

Mansour currently has locations in Beverly Hills and London, making their New York City location a strategic bridge for their discerning clientele.

“We were selective about finding the right tenant mix for the building, and Mansour’s high quality nature met our stringent requirements”.  Craig Deitelzweig, President and CEO of Marx Realty said, “Bringing 201 E. 57th Street to full occupancy shows the appeal of this vibrant corner of 57th Street and the market’s appreciation of the high caliber aesthetic of this first-class building.”

The building is currently occupied by TD Bank, a multi-floor Design Within Reach showroom and Elite Home.  Mansour plans to open in the winter of 2018.  Asking rents were $125 per square foot.

Marx was represented in-house by Henry Henderson and Mansour was represented by Joshua Goldman of Cushman & Wakefield.

Marx is a subsidiary of the publicly traded Merchants’ National Properties, which has a portfolio of 68 properties in 16 states across the country. The firm’s New York assets include 545 Madison Avenue, 708 Third Avenue, 201 East 57th Street and the Cross County Shopping Center in Yonkers.