Sellery and Fine Art Velox Lease New York Space
Two firms have secured new office space at 318 West 39th Street in the Garment District.
Updated on Oct. 20, 2026 in Commercial
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Sellery and Fine Art Velox signed new leases at 318 West 39th Street in New York City. The building continues to attract commercial tenants alongside existing occupants like SKIP of New York.
Why it matters
These lease agreements demonstrate ongoing leasing activity in the Manhattan office market. The signings highlight a shift in building utility, including the conversion of showroom space into specialized live-streaming studios.
Sellery leased 13,500 square feet, while Fine Art Velox committed to a 7,500-square-foot space for seven years. These deals occur in a market where Midtown average office asking rent was $85.53 per square foot in Q3 2026.
The players
Sellery
Sellery is a company that specializes in live-streaming operations and digital content production.
Fine Art Velox
Fine Art Velox is a firm that has recently secured a new multi-year office lease in the Garment District.
First Quality Maintenance
First Quality Maintenance is a major commercial tenant occupying 32,936 square feet at the 318 West 39th Street property.
SKIP of New York
SKIP of New York is a non-profit organization that provides services to children with complex medical needs.
The details
Sellery is repurposing the 10th-floor showroom layout into studios designed for live-streaming operations. Fine Art Velox will occupy the fourth floor of the Garment District property, located near Pennsylvania Station.
Timeline
November 2022: SKIP of New York relocated to the property.
April 2025: First Quality Maintenance expanded its office space.
Q3 2026: Midtown average office asking rent was $85.53 per square foot.
Culture Shift
This activity reflects the broader Midtown Manhattan office market, where landlords are adapting older showrooms into modern, specialized studio spaces. These moves follow a pattern set by the area's ongoing post-pandemic commercial real estate evolution.
The arrival of these tenants signals a continued professional presence in the Garment District, which may influence local foot traffic near Pennsylvania Station. Residents and local workers can expect a continued mix of office and specialized studio operations in the area.
The takeaway
Office tenants are increasingly prioritizing space configurations that support modern digital demands like live-streaming. Companies seeking space should evaluate if their prospective building layout supports current technological workflows.
Further reading
For more context on the local property market, read the New York City Commercial section.
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