Lands’ End Inks 1407 Broadway Office Lease
Gus Delaport Feb. 10, 2014, 1:15 p.m.
Retailer Lands’ End has signed a 10-year, 13,729-square-foot lease for the entire 27th floor at 1407 Broadway. The tenant will relocate to The Lightstone Group-owned property from 530 Seventh Avenue.
“The excellent central location as well as the tower floor’s wonderful light and window line were certainly a huge draw,” said Amanda Bokman, senior vice president of CBRE, in a prepared statement.
Ms. Bokman represents the landlord at 1407 Broadway alongside Peter Turchin, Gregg Rothkin, Ben Fastenberg, Ross Zimbalist and Lee Cross. As reported by Commercial Observer, CBRE was appointed the exclusive leasing agent at the building last year.
“We are really changing the focus of the building to a larger tenant, full-floor building,” Mr. Turchin said at the time.
The 1.1-million-square-foot building is undergoing a complete renovation, including an upgrade of the lobby and retail façade.
“[Lands’ End] are also moving in at a time when we are embarking on renovations, which will also make the building highly attractive to the tech, media and creative businesses that are looking for space in this part of Manhattan,” added Mitchell Hochberg, president of Lightstone, in a statement.
Lands’ End was represented by Francine Oro of Coldwell Banker Commercial Hunter Realty.