New-York tribune., 1921-01-28
Madison Ave.
Buildings for
Waist Makers
100000 Square Feet, or %
Floors, To Be Vacated by
Garment Trade Will Be
Taken by Shirt Interests

When the garment makers move out
of Madison Avenue to their new build
ings in Seventh Avenue. north of the
Pennsylvania station, which will be
completed during the year. the shirt
waist manufacturers still located in
the Save New York Zone" will take
their places. Although leases have not
been signed, the story is. that the
shirtwaist interests have decided to
accept the terms made by George
Backer to it's committee for the 3oo.-
900 square feet Of space which will be
vacated by the garment makers dullng
the next twelve months. The space is
distributed in the three buildings
which Mr.. Backer completed in the
last five years in Madison Avenue,
Just south of Thirty-fourth Street Ii
will total twenty-five floors, each
ranging in size up to $4,000 square
feet A rental Of several hundred thou
sand dollars year will be paid for
these premises if the deal is consum-
mated.
lne matter Is entirely in the hands
OF tne manufacturers committee, which
is understood to have had a meeting
several days ago in the offices of the
United Shirt Makers League of Amer
lca, IN East Thirty Street. At
TINS meeting the committee agreed to
accept Mr.. Backer's terms for the
space, which is soon to come on the
market, with the understanding that
their trade will be given the privilege
OF having other space in his Madison
avenue buildings as rapidly as it
comes on the market The shirt waist
interests are seeking leases for not
more more than three years, but will not
Dalk, II was said yesterday, if Mr..
Dacker or other building wners in
the Madison Avenue district will in.
slst on five-year leases.
The deal will move some Of the
largest manufacturers of shirt waists
IN the country out of the retail shop
ping zone. The Ligner Waist Company.
"h!ch operates a series of chain stores
and is now located in Thirty-sixth
Scfeet, between Fifth and Sixth ave
nues, is one of the firms which will
come into the Madison Avenue dis
trlct when the cloak and suit makers
move TO the garment center in Sew
enth avenue. The shift will be the
most important trade movement since
the garment center deal was put over
about q ear ago.
Twelve of the twenty-five floors
which the shirt waist manufacturers
are considering are in the Backer
building, which covers the block on
the west side Of Madison Avenue from
Ihlrty-tirst to Thirty-second streets.
with the exception of the two corners
Nine of the, lofts will come into
the market IN the next few months and
the other space in the building will be
available soon after.
From seven to nine floors in the
building at the northeast corner of
Madison Avenue and Tb;rtv-seconj
Street are to be available, and three
HoNrs in the Thirty-third Street
structure.
The opinion is that the deal will be
closed in the next few days. Mr..
backer, said yesterday that he did not
know how far advanced was the deal
He would not say at what rental he
agreed to let the shirt waist trade
have this space. The deal for the
Madison Avenue lofts was started
about four weeks ago. Shirt waist
manufacturers have been in this sec
tlon for several ears, which was one
OF the reasons for those above Thirty
fourth Street wanting to locate there