Now you can get butter with that Apple product. The Butter Group is moving from Chelsea to the Meatpacking District.

The nightlife company controlled by Richie Akiva, which owns hot spots 1OAK, Butter and Up&Down, has signed a lease for the entire second floor of 3,800 square feet at 410 W. 14th St., right across from the Apple store.

Oded Nachmani of Millennium Realty Group represented Butter in the lease with Amcojar Realty Corp., which was represented by Jimmy Emden and Peter Simel of Colliers International. The asking rent was $60 per square foot for the five-year deal.

After renovations, Butter will move from its current location a few blocks north at 453 W. 17th St. Akiva did not return a request for comment while the various brokers declined to comment through spokesmen.

Michael Shah of DelShah Capital is bringing Madewell to the Meatpacking District now that the J.Crew-owned retailer has leased the former R&L Restaurant spot at 69 Gansevoort.

The building has 1,890 square feet on the ground and 1,097 on the second floor and a 1,890-square-foot basement. According to documents, the 10-year lease has two five-year extensions.

Neither Shah, his Thor Equities agent on the property, nor Karen Bellantoni, newly promoted vice chairman of RKF, who represents Madewell, responded to requests for comment.


Luxury beauty products chain Bluemercury leased 3,000 square feet at 1566 Third Ave. on the corner of East 88th Street opposite the new Whole Foods.

Tess Jacoby of RKF and John Auber of Auber Group represented the tenant while Thor Equities represented itself in the transaction.

The asking rent in the neighborhood is around $320 per square foot.

Bluemercury already has several other stores in the city, including one at 1311 Third Ave.


The 250,000-square-foot downtown office building at 40 Exchange Place at the corner of William Street is in contract to be purchased in September by Ran Eliasaf’s Northwind Group, documents show, for nearly $120 million, or $480 per square foot.

The building needs updating and was being marketed on behalf of Weiss Realty (no relation to me) by Jason Marin of Eastern Consolidated and Lipa Lieberman, who has since gone to Meridian Capital Group.

There are numerous small office tenants and 10,000 square feet of retail that will roll over in the next few years. The William Street corridor has also seen a tremendous run-up in value as several buildings have been sold and renovated as TAMI tenants continue to target lower Manhattan digs.

Northwind and partners have previously purchased several smaller properties in Manhattan for upgrades, and this would be its largest deal to date.

No one responded to requests for comment.

Suzanne Rosnowski’s real estate, brand-building, luxury and hospitality public relations firm Relevance New York has moved and expanded across West 30th Street, where it now occupies 7,500 square feet on the ninth floor of 151 W. 30th St.

Its prior space at 150 W. 30th was a third the size and coincidentally also on the ninth floor.

Sean Hoffman of JLL led Relevance on its Garment Center search and dealt directly with Lake Realty owner Joseph Schik, who had an asking rent of $52 per square foot.

Founded in 2012, Relevance represents, among others, the new buildings at 20 East End Ave. and 111 Murray; OPPENHEIM Architecture + Design; and Concierge Auctions.


Timehop, a nostalgia app that aggregates users’ social media memories — and has already been downloaded by 15 million people — is now doubling in size within 401 Broadway at the northwest corner of Walker Street in the City Hall area.

The app is hopping from 2,000 square feet on the 17th floor to 4,142 square feet on the 11th floor.

Alan Friedman and Charles Conwell of ABS Partners represented Timehop, while the owner represented itself. The average asking rent at the building is in the high $50s per square foot.

While a far cry from the upscale hotel of the same name in London, Hotel 41 in Times Square has transferred its lease to an entity of Flintlock Construction for $12,375,000 (or roughly $12.5 million including the furnishings).

The 25-foot-wide hotel with just 47 rooms sits at 206 W. 47th St. on land leased from the Nederlander Organization until March 2037. With room rates of $200 a night, the petite, hostel-like hotel packs in hardy travelers with its bunk beds. The hotel was foreclosed in 2011 and transferred to its current operator, which will soon be gone.

The building was hit with a hazardous violation in 2013 as there is no fire separation between the popular bar restaurant and the hotel area. That’s one reason the construction-savvy Flintlock owners, Stephen “Chip” Weiss Jr. and his brother, Andrew (no relation to me), having previously built six other hotels in the area, will be able to easily tackle the needed repairs and renovations.