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PEARL OF A DEAL

Lois Weiss
Friday, June 15, 2012 -  Majorica has renewed its lease for 4,600 sf at the New York Accessories Exchange (NYAE) at 366 Fifth Avenue where they have been located since 1989. The asking rent for the 10-year renewal was undisclosed. The law firm Davidoff Malito & Hutcher represented Majorica in this transaction. Rick J. Brickell, director of leasing and management at NYAE for Joseph P. Day Realty, represented 366 Fifth Avenue. Majorica has been making organic pearl jewelry from the island of Majorca, Spain since 1890. Majorica is sold in department stores and jewelry stores throughout the United States and worldwide. The company initially leased space at 366 Fifth Avenue in 1989. They lease 4,600 square feet on the 5th Floor.
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