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Real Estate Office Opens in Former Cog & Pearl Space on 5th Avenue


It's been nearly two years since a fire destroyed mom-and-pop jewelry shop Cog & Pearl, on the corner of Fifth Avenue and Sackett Street, and after a thorough renovation the space's next tenant, an office for real estate company Space Marketing Shop, has opened in its place.

Cog & Pearl was in business for 12 years before a devastating fire on May 1, 2014 completely destroyed it and more than $100,000 in handmade jewelry, furnishings, clothes, and gifts. Owners Kristin Overson and Seth Walter left corporate jobs to start the business, and are still planning their next act.

There's no shortage of real estate shops on Fifth, but in this hot climate more and more firms want in on the action. Manhattan-based SMS specializes in "high-end residential properties in Manhattan, Queens and Brooklyn," according to its website, and current Park Slope listings include 490 5th Avenue and 709 Carroll Street.

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