E-lo Sportswear/Zaralo is consolidating and moving to 34,000 square feet on the top two floors of 469 Seventh Ave., right across from the upcoming Moxy hotel.
The tenant will take the 15th and 16th floors in the deal represented by a Lee & Associates NYC team of Ken Salzman, Mitchell Kunikoff and Andrew Lesser.
The fashion house is currently located in numerous spaces at the nearby 500 Seventh Ave.
E-lo and Zaralo, its wholly owned subsidiary, import and distribute women’s apparel in both the US and Canada; brands include Nanette Lepore.
The Meyer Equities building had an asking rent of $55 per square foot for the 10-year lease.
Marty and Eric Meyer of Meyer Equities represented the building in-house.
“This will be the next edgy place to be,” said Eric Meyer, speaking about the Garment Center. “It’s becoming less like the drudge-y old factory Garment District and, with the millennials [leasing in the area], has the TAMI feel.”
