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.

Featured Video

  • 1200 Suppliers are Ready for You at Intertextile Shanghai

    Camera Icon More Videos

Subscribe to
Home & Textiles Today eDaily
Receive the news you need to know about the trends in the industry delivered right to your inbox.

CURRENT ISSUE

HTT digital edition

See the June 2017 issue of Home & Textiles Today. In this issue, we discuss how U.S, ports are gearing up for the future, and what to expect from second half trade shows. See details!