Stella McCartney Turns Greene
Tom Acitelli June 8, 2011, 10:08 a.m.
The 10-year, 5,200-square-foot lease at 112 Greene Street encompasses the ground floor and lower level, said brokers for Cushman & Wakefield who represented the building’s landlord in the transaction. The store, which was first reported last week in Women’s Wear Daily, will open this fall.
Cushman & Wakefield’s Andrew Kahn and Jonathan Scibilia represented the landlord, a limited liability corporation called 112 Greene Street Partners. Joel Isaacs of Isaacs & Company represented Stella McCartney.
“The ownership is thrilled to welcome Stella McCartney to one of the best retail positions for a fashion brand in SoHo,” said Mr. Kahn, a Cushman senior broker, in a statement. “This block of Greene Street represents one of the strongest retail segments in SoHo with brands that include Ralph Lauren, Apple, Louis Vuitton, Etro and John Varvatos.”