New owners of 261 still home focused

NEW YORK — L&L Acquisitions, the new owner of 261 Fifth Avenue, plans to intensify the building's home textiles tenant assortment, according to David Levinson, partner.

"We bought the building because it is a home textiles building, and we intend to keep it that way," he continued. "We're going to take it a whole new level in terms of services and treatment of our tenants. Our plan is the raise the bar."

L&L acquired the building a month ago. The company may diversify about 10 percent of the space with related showrooms, like tabletop, gifts and home accessories companies, Levinson said.

Home & Textiles Today Staff | News & Commentary

 Home Textiles Today is the market-leading brand covering the home and textiles markets, offering a comprehensive package of print and online products. Home & Textiles Today provides industry news, product trends and introductions, exclusive industry research, consumer data, store operations solutions, trade show news and much more.

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HTT Cover October 2017

See the October 2017 issue of Home & Textiles Today. In this issue, we look at the Top 25 Online Retailers.  H&TT's exclusive annual ranking of the biggest online sellers of home textiles finds that while pure play etailers continue to fly, bricks & clicks are digging into omnichannel. See details!