404 BROADWAY TRIBECA RETAIL

Transcription

1 404 BROADWAY TRIBECA RETAIL

2 APPROXIMATE SIZE CEILING HEIGHTS GROUND FLOOR RETAIL 2,500 SF GROUND FLOOR 14 SF LOWER LEVEL 1,000 SF LOWER LEVEL 9 SF FRONTAGE BROADWAY: 25 FEET TERM NEGOTIABLE POSSESSION 30 DAYS NEIGHBORHOOD TENANTS BLOOMINGDALES, GUESS, ALL-SAINTS, ZARA, H&M, PRADA, BANANA REPUBLIC, TOMMY, KENNETH COLE, BEBE, J.CREW, TIMBERLAND, TOPSHOP, APPLE, FOOTLOCKER, UNIQLO, CONVERSE, ALDOS, STEVE MADDEN, ARMANI EXCHANGE, LACOSTE, BEN SHERMAN, HUGO BOSS, JOE FRESH, LUCKY BRAND JEANS, HOLLISTER, AMERICAN APPAREL, EQUINOX AND BEST BUY. COMMENTS TERMENDOUS SOHO RETAIL PRESENCE BIG-BOX OPPORYUNITY DIRECTLY ON NYC S BUSIEST CORRIDOR BROADWAY & CROSBY STREET RETAIL ACCESS

3 GROUND LEVEL LOWER LEVEL

4 BROADWAY FRONTAGE

5 NEIGHBORING STORES TopShop / TopMan 478 Broadway Bebe 488 Broadway Levi s 495 Broadway Tommy Hilfiger 500 Broadway MAC 506 Broadway All Saints 512 Broadway Steven Madden 529 Broadway Lucky Brand Jeans 535 Broadway Guess 537 Broadway Bloomingdale s 540 Broadway Lacoste 541 Broadway Uniqlo 546 Broadway

6 NEIGHBORING STORES Banana Republic 550 Broadway Hugo Boss 555 Broadway H&M 558 Broadway Converse 560 Broadway Mango 561 Broadway Armani Exchange 568 Broadway Forever Broadway Prada 575 Broadway Club Monaco 575 Broadway Zara 580 Broadway Hollister Co. 600 Broadway Michael Kors 101 Prince St.

7 NEIGHBORING HOTELS Trump SoHo 246 Spring Street Crosby Street Hotel 79 Crosby Street Mondrian SoHo Hotel 9 Crosby Street Hotel Azure 120 Lafayette Street Holiday Inn. 138 Lafayette Street Mondrian SoHo Hotel 150 Lafayette Street Sheraton Tribeca Hotel 370 Canal Street SoHo Grand Hotel 310 West Broadway Hilton Garden Inn 39 Avenue of Americas Hampton Inn 54 Watts Street Mercer Hotel 147 Mercer Street Tribeca Grand Hotel 2 Avenue of the Americas

8 529 Broadway plans revealed: PHOTOS Cayre, Sutton, Sitt, Adjmi propose six-story retail building at Soho site August 30, :30PM By Adam Pincus A group of high-powered investors that includes Bobby Cayre and Jeff Sutton is planning to clear the lot at 529 Broadway in Soho and put up an eye-catching six-story retail building that resembles a hotel that stood there in the mid-1800s, The Real Deal has learned exclusively. The site, at the intersection of Broadway and Spring Street, has a two-story commercial building from The developers want to replace it with a 34,000-square-foot, glass-and-brick structure that has window details adapted from the Prescott House, an 1853 hotel demolished during the Great Depression. Soho retail lease beats price record for downtown April 15, :45AM A retail rent in Soho has topped $1,000 per square foot, a new benchmark for Downtown, Crain s reported. Prada set the record when it renewed its lease at Broadway and Spring Street, the 10,000-square-foot space owned by billionaire Peter Brant, Crain s said. Tenants want an alternative to the uptown market, real estate investor Joseph Sitt, who owns SoHo properties, told Crain s. There is no good brand that comes to New York City from anywhere in the world that now thinks they can be in only one or the other. Guelda Voien Under Armour takes first NYC digs at Soho s 583 Broadway October 24, :20AM Athletic attire company Under Armour has signed a deal for its first permanent New York City location in Soho. The clothing purveyor will open its flagship retail store in a three-level space at 583 Broadway. The 15-year deal gives the apparel maker 7,000 square feet on the ground floor, 6,000 square feet on the lower level, the New York Post reported. The store, between Prince and Houston streets, was previously occupied by retailer Espirit. Hiten Samtani Shoe retailer Clark s slips into Soho space September 04, :49AM If Soho fits, wear it. Shoe retailer Clark s is opening its first store in the neighborhood, having signed a lease for 7,600 square feet. Asking rent was $2.2 million a year. The department store-friendly shoe brand will set up in a two-level, block-through space that has entrances at both 547 Broadway and 118 Mercer Street. Clark s has about 900 outlets across the U.S., including two in Manhattan, one in Brooklyn and one in Queens. That part of Broadway sees asking rents of $700 to $750 per foot. Mark Maurer

9 Nike s got its eye on ritzy new Fifth Avenue digs December 4, :52PM By Lois Weiss Manhattan Niketown Photo by G.N. Miller Sports retailing giant Nike is ready to leave its Niketown Midtown location and is exploring opportunities in the more tourist friendly parts of Fifth Avenue, where it is likely to move to H&M s 40,756 square-foot digs at 640 Fifth, which is owned by Vornado Realty Trust. The Beaverton, Ore., company, whose lease at 6 E. 57th St. is not up until the end of May 2017 not including three five-year extensions is nevertheless seeking to relocate out of its massive flagship location. Nike built it at a time in the mid-1990s when retailers like Warner Bros. were still exhausting shoppers by bringing them up and down numerous tiny floors. Nowadays, most retailers know people won t venture up or down more than one or two levels from the street. Nike is also still looking for another spot, in SoHo, where sources said they had been targeting a new building being developed by Jeff Sutton and partners at 529 Broadway that is among the best available.