Newmark Grubb Knight Frank (NGKF) is pleased to announce that luxury men’s, women’s and children’s swim and resort wear brand, Onia, has leased the entire 37th floor of 10 East 40th Street. The 8,772-square-foot tower floor will house the brand’s new headquarters, including a sales showroom and design studios with panoramic views of the New York City skyline from the Empire State Building down to the Statue of Liberty. The landmark office tower, known as the Mercantile Building, was built in 1929 and is owned by Joseph P. Day Realty. NGKF Senior Managing Director Justin DiMare represented the tenant in the transaction.
Onia’s headquarters were previously located at 8 East 41st Street, where the brand occupied 7,000 square feet across three floors. The relocation serves as an expansion of the company as well as a reorganization, allowing all employees to work on one, open floor. Boasting a modern, minimalist aesthetic, the new space at 10 East 40th Street is an ideal reflection of Onia’s brand image. In close proximity to Grand Central Station, the Midtown location is convenient for both employees and clients, with easy access to many subway lines including the 4, 5, 6, 7, N, Q, R, F and M.
Founded in 2009 by Carl Cunow and Nathan Romano, Onia was built around innovative fits and styles that appeal to individuals who are inspired by the importance of quality and attention to detail. Sharp, technical swim and resort wear build upon the brand’s core philosophy - to develop clean silhouettes created from the finest materials available. Men’s, women’s and children’s collections are carried in over 200 premium retail locations, including Barneys New York, Bergdorf Goodman, Saks Fifth Avenue, Mr. Porter, Net A Porter, Lane Crawford, Kith, Intermix, Theory and Steven Alan, as well as luxury destination properties worldwide, such as The Four Seasons, The Ritz-Carlton, Soho House, St. Regis, Montage Hotels and many more. www.onia.com
About Newmark Grubb Knight Frank
Newmark Grubb Knight Frank (NGKF) is one of the world’s leading commercial real estate advisory firms. Together with London-based partner Knight Frank and independently-owned offices, NGKF’s 14,100 professionals operate from more than 400 offices in established and emerging property markets on six continents.
With roots dating back to 1929, NGKF’s strong foundation makes it one of the most trusted names in commercial real estate. NGKF’s full-service platform comprises BGC’s real estate services segment, offering commercial real estate tenants, landlords, investors and developers a wide range of services including leasing; capital markets services, including investment sales, debt placement, appraisal, and valuation services; commercial mortgage brokerage services; as well as corporate advisory services, consulting, project and development management, and property and corporate facilities management services. For further information, visit www.ngkf.com.
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